So does the brave new world of online dating present investing opportunities?
We compiled a list of stocks traded on US exchanges that operate in this market.
We'll let you decide if it's a match made in, well, online heaven.
Onlinedatingwire com Free sex chat rooms no singing up
Tinder is putting to rest the dated notion that women would be less interested in online dating options on the more casual side.
And consider a new report discovered by this morning. Including apps like Tinder, the market for online dating has expanded four times in the last five years.
It's suggesting that millennials, the increasingly ubiquitous term for people who came of age in the post-2000's period of social media and Lady Gaga, are less likely to feel ashamed of online dating. And while the percentage of Americans who are online seems like a narrow demographic at 11% – that number swells to almost 40% when you exclude married couples. This of course strikes a very different note from China, where a matchmaking industry has flourished.
There, bachelors regularly shell out six figure fees to matchmaking services.
These are country club alternatives compared to the American firms, and they actually hire operatives to scan the streets and high-end stores, finding matches for wealthy clients with rigid specifications.
Jiayuan (KISS), the largest Chinese dating service that trades in the US, has seen huge growth this year, with earnings per share (EPS) rising 150%, and projected to grow another 20% in the next year. America has neither the one-child policy nor the gender imbalance which has prompted parents to resort to informal, open-air marriage markets, presenting hand-written personal ads for their children.And new data suggests that, with some anomalous exceptions, Americans are still as wary as ever of meeting a stranger online.Online dating companies have been in the news a lot lately.Maybe you've even heard of this new app that the kids are using: Tinder.Far from just another extension of post-adolescent shallowness, Tinder has spread like wildfire and now processes over 200 million matches per day.That number is high because the app makes it very easy to browse through several matches in one sitting, phasing out things like profiles and questionnaires.