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IAC, controlled by billionaire media mogul Barry Diller, says its online dating businesses had revenue of more than $500 million in 2011. IAC's total revenue last year was $2.06 billion. In addition to the dating sites, IAC owns about 150 Internet brands and products, including CollegeHumor and Ask.com. IAC/InterActiveCorp announced in June that it would conduct an IPO of its Match Group division, which includes two of the largest online dating sites, No. 1 Match.com and No. Sign Up Below for Investor News and Alerts SUBSCRIBE NOW. CONTACT US; TERMS OF USE; PRIVACY POLICY; LINKEDIN; FACEBOOK; Copyright © 2020 IAC. All Rights Reserved. LOS ANGELES, May 10, 2011 /PRNewswire/ - Today IAC (NASDAQ: IACI), the operator of Match.com and other popular online dating brands, announced the launch of OurTime.com (www.OurTime.com), a site specially customized to meet the needs of singles over the age of 50. By combining the membership of some of IAC's existing dating sites that cater specifically to singles 50 and up, OurTime.com. IAC/InterActiveCorp has constantly had a plain thing for online dating sites. The good news is things are becoming serious.
Match.com Named As World's Biggest Dating Site
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Match.com is the world's biggest online dating and personals property, according to the first global ranking of the Personals category by industry-leading independent measurement firm comScore Media Metrix. In January 2004 Match.com's personals sites, which include udate.com , had 29.6 million unique visitors -- nearly three times as many as its nearest rival. Match.com sites also appear as number thirty-seven in comScore's ranking of ALL Web properties, and is the only dating and personals property to appear in the top one hundred.
Tim Sullivan, President of Match.com, said, 'Match.com is taking love to the four corners of the earth. We have members in 246 countries and territories worldwide, across six continents, using more than 30 unique Match.com sites in 18 different languages. More and more people are finding Match.com the most convenient and secure way to find their perfect partner, wherever they are in the world.'
In 2003, based on resignation survey data, Match.com calculates that more than 200,000 Match.com members met the person they were seeking on the site.
Joe Cohen, Senior Vice-President of Match.com's international operations, said, 'We already have the Guinness World Record for the world's biggest online dating service and we are delighted to see that this has now been validated by comScore's worldwide ranking of the dating and personals category.'
(comScore Media Metrix data are based on a global panel of more than 1.5 million Internet users. Worldwide data cited herein represent an aggregate of 32 countries reported on a monthly basis.)
About Match.com
Match.com operates leading subscription-based online dating sites in 18 local languages and spanning six continents, offering adults worldwide a fun, private and secure environment for meeting each other. Match.com's personals businesses, including udate.com , claim more than 974,000 paying subscribers and millions of members. The Company estimates it is responsible for arranging hundreds of thousands of relationships for its members since its launch in 1995. Match.com powers paid online dating on MSN, EarthLink; BET Interactive and is the premier provider of personals for Love@AOL, offering the Match.com service across AOL, AOL.com, CompuServe and Netscape.com. Match.com offers wireless dating with MatchMobile ( www.matchmobile.com ), and events and vacation opportunities for singles through its sites MatchLive.com and SpeedMatching.com , both operated by its affiliate, MatchLive, L.L.C., and MatchTravel.com. Match.com is an operating business of IAC/InterActiveCorp (NASDAQ: IACI).
SOURCE: Match.com
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CONTACT: Kathleen Roldan of Match.com, +1-415-913-3136,
kathleenr@match.com
Web site: http://speedmatching.com/
Web site: http://udate.com/
Web site: http://www.matchmobile.com/
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Web site: http://www.match.com/