Match

IAC/InterActiveCorp Releases Fourth Quarter 2014 Financials

Match
  • Saturday, March 29 2014 @ 09:33 am
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File this one under “Not a surprise.” IAC/InterActiveCorp – owner of Match, OkCupid, Tinder, and more – has released its fourth quarter 2013 financial results, and things are looking good almost all the way across the bar.

IAC’s performance was strong in Q4 2013. Match closed up the year well with 12% revenue growth and 21% OIBA (Operating Income Before Amortization) growth in the fourth quarter. Total revenue for Q4 2013 was $203.9M, up from $182.6M in Q4 2012. For the year, Match grew revenue 10.5% and OIBA 16%, and the company predicts an even better year of growth in 2014.

After pulling out of European markets to focus on the United States in 2009, Match has managed to successfully grow in the US as well as across the globe. The company doesn’t hesitate to call itself “the unquestioned global leader in dating,” with 30 million active users and 3.4 million paying subscribers in 2013.

Core, Meetic and Developing revenues grew 4%, 8% and 69%, respectively, to $115.7 million, $58.9 million and $29.4 million. That growth was driven by an increase in subscribers and as well as the contribution of mobile app Twoo, which was not in the prior year period. On the whole, profits increased due to higher revenue and lower customer acquisition costs as a percentage of revenue.

The most interesting source of IAC’s potential growth is Tinder, the rapidly growing social dating app primarily owned by IAC. Tinder clocked in at 100M daily profile views in August 2013, and is expected to hit 1B daily profile views in April. That’s some serious swiping. Although Tinder's implied valuation today is low, it could prove to be worth more than IAC's current market cap of $6.4B.

Even for IAC’s traditional dating sites, mobile has been big. 50% of all communication for Match.com US is sent from mobile devices. At OkCupid, the number rises to over 60%. Those numbers were single digits as recently as 2010, and IAC says it has just barely scratched the surface where optimization for geo-specific features and mobile markets are concerned.

2014 promises to be full of mobile product enhancements across the board, so IAC expects to see even greater engagement and customer acquisition resulting from smartphones. These are the kind of changes that allow IAC’s portfolio to continuously thrive, despite the changing world around it. The future looks predictably bright for the company.

Do Older Men Only Date Younger Women?

Match
  • Saturday, March 22 2014 @ 07:44 am
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  • Views: 4,888

I've met a lot of very attractive women who have come through a divorce or break-up looking to meet someone new. The problem? The men who are their ages (in their 40s and 50s) seem to want to date younger women only.

Many women wonder why this is. After all, they aren't looking at only younger men. It doesn't seem fair, does it?

There is an element of truth to this notion: many men do prefer to date younger women, and we see this reflected in TV shows and movies. It's not a problem for a man to date someone half his age, and in fact it's expected. Maybe it's due to biology, or maybe he just wants to ignore his own aging process.

There's also a certain amount of relief in dating a younger woman because she likely doesn't have the baggage that an older woman does. Chances are he looks for simplicity above all else - a woman who has no children, not much debt, or no messy break-up that has taken a toll on her psyche and finances.

So then we wonder - is it possible to find older men who are interested in women their own age?

Absolutely. Just because you've noticed a pattern in your own life or among your friends (or even in a Hollywood movie) doesn't mean that it is true for everyone. There are many single men in the world, and a lot of them enjoy the company of women their own age. You just have to know where to look and what to look for.

First of all, it might be time to refresh your online dating profile. Make sure you are focusing on what you want to bring into your life, not on what has happened in the past. Mention your interests, your career, or whatever makes you happy - and let that be the tone with which you craft your profile. Men can pick up on the energy and tone a woman sends from a profile or a first message. It's important to keep it positive so you can attract as many men as possible.

Second, I would suggest picking a new dating site. OkCupid and PlentyofFish are great for people looking for something casual (i.e. younger), but if you're looking for an emotional connection, it's better to go with a paid site like eHarmony or Match. OurTime is a good niche option specifically for older daters, so you know that your dates won't discount you because of your age.

Third, keep an open mind about the possibilities open to you right now. Say yes to more men that you might not normally consider, just to see what dating someone new is like. Allow yourself a little more fun in the dating process - it doesn't have to be so focused on the end result. It's a journey, after all.

Match.com Presents The 4th Annual Singles In America Study: Love And Money

Match
  • Thursday, March 20 2014 @ 06:56 am
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Match.com's Singles in America study, now in its fourth year, examines the attitudes and behaviors of over 5,300 American singles from all walks of life in order to get a glimpse into how love and relationships are viewed today.

Dating is many things, but cheap often isn't one of them. In fact, according to Match.com's 4th Annual Singles in America study, singles spend $82 billion on their dating lives. Spoiler alert: that's a lot of billions. To find out exactly where all of them are going, Match asked singles to break down their spending habits per month.

Traditional dating (think bars, sports, religious activities, entry fees, drinks, tickets, and food) looked something like this:

  • Min: $0
  • Max: $3,044
  • Mean: $55.84

Modern dating (which includes online dating, matchmakers, speed dating, dating apps, and dating coaches) looks more like this:

  • Min: $0
  • Max: $1,250
  • Mean: $5.69

So not only are online and mobile services making dating more convenient, they're also making it easier on our wallets. Score!

The total dating cost, when you add traditional and modern methods together, comes out to $61.53 per single per month. That means $738.36 a year per single, and when you multiply that by 111 million singles (a number that comes from the 2013 U.S. Census CPS data), you get the $82 billion figure. That's a hefty chunk of cash.

Wondering what we're spending it on? The top three date expenses for men are personal entertainment (like movie or concert tickets), dining or going out, and personal electronics. The top three date expenses for women are new outfits, dining or going out, and personal electronics. So even though online and mobile dating may be cheaper in the long run, the initial cost of the device is going to set you back a bit.

And here's a fun fact: Match.com has an especially interesting history where money matters are concerned. When the economy crashed in 2008, Match.com had its best quarter to date. "To have your best quarter in the worst economic times I think is an astounding realization," said Whitney Casey, a Match.com relationship expert. "Sometimes the first things to go are gym memberships because people have lost their jobs. But it seems the last thing to go from their budget is love."

Secretly we're all romantics at heart, it seems.

Match.com Presents The 4th Annual Singles In America Study: Dating Etiquette

Match
  • Monday, March 17 2014 @ 06:40 am
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  • Views: 5,598

Match.com's Singles in America study, now in its fourth year, examines the attitudes and behaviors of over 5,300 American singles from all walks of life in order to get a glimpse into how love and relationships are viewed today.

I don't need to tell you that cell phones have completely changed the way we relate to one another. And that goes double for dating. In fact, as much as we may want a committed relationship with someone else, the most committed "can't-live-without-you" relationships we ever have might be with our mobile phones.

Okay, maybe I'm exaggerating, but you get the picture. We're pretty much inseparable from our devices. Match.com's fourth Annual Singles in America Study took a look at how the rules of dating etiquette have changed now that were stuck at the hip (or pocket or palm) with our smartphones. Whitney Casey, a Match.com relationship expert, suggests observing the following seven do's and don'ts when it comes to your cell and dating etiquette:

  • Know thy self(ie). Most men report loving any kind of photos sent their way, whether sweet or sexy, but most women say sexy pics are a phone faux pas. 75% of women rank racy photos as their #1 foul, while 76% of men say it's their #1 form of phone foreplay.
  • Save the slang. Emoticons are a-ok, but abbreviations are another story. Steer clear of slang that requires a Google search for decoding.
  • Text timing is everything. As with the Great Selfie Debate, men and women disagree significantly on the ideal time for texting. 63% of women say they enjoy texting during work hours, but men prefer to stay focused on their jobs from 9-5. "Texting during work hours" ranked 2nd in the top three phone fouls for men.
  • Be trained in text tempo. Cool your jets. Both men and women dislike it when you're too quick on the text message draw. Sending a second text before receiving a reply is a major no-no for everyone. Nearly 60% of men say it's their #1 phone foul, while women rank it in their top three.
  • Cast a wide net. The more dates, the merrier! 72% of women say it's ok to casually date more than one person at the same time and 60% of men agree.
  • Save the drama for your mama. 84% of women and 80% of men think using social media to air emotional drama or chronicle personal life details that are too personal is a huge turn off. Pause before you hit Post and think carefully before you select Send.
  • Say hi with your eyes. Video chat is the next big thing. Nearly half of singles in their 20s are already using this trendy technology to keep in touch with their dates. Welcome to the future.

Match.com Presents The 4th Annual Singles In America Study: Sex And Singles

Match
  • Saturday, March 15 2014 @ 05:31 pm
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Match.com's Singles in America study, now in its fourth year, examines the attitudes and behaviors of over 5,300 American singles from all walks of life in order to get a glimpse into how love and relationships are viewed today.

"U.S. singles most often have sex at night, don't want to know their partner's sexual history, have trouble deciding when to have sex with a new dating partner, and overall just want more sex," says Dr. Justin R. Garcia, PhD., Scientific Advisor at Match.com. "But why?"

That's the million-dollar question, one of the many questions Match.com tried to answer in the latest Singles in America study. A survey of what it means to be single would be incomplete without an examination of what it means to be single and sexual, because whether you're a new couple or have been married for half a century, sex is an important ingredient in almost every romantic relationship.

Research has shown that sexual satisfaction influences a huge range of outcomes, from one's happiness, to one's health, to the likelihood of a breakup. So what's the state of sexuality in America today? Match.com says:

  • Singles want more sex. We probably didn't need a study to tell us that, but we got one anyway. 68% of single men and 57% of single women say they want more sex in 2014, although it may still be less sex than you're expecting. Most singles ideally would like to have sex 2 to 3 times per week - only 15% of single men 12% of single women would ideally have sex every day.
  • We are all really confused about when we "should" have sex. Everyone is stressed out about when to take a new relationship to the next step. Nearly half of singles think it's only okay to have sex with a new partner once they've reached the 6th date. Men, on average, tend to count the number of dates (and observe totally idiosyncratic rules about which number it's appropriate to have sex on). Women, on the other hand, tend to rely on relationship milestones - such as a clear sign of commitment or exclusivity - to mark when it's okay to make things sexual.
  • Some of us are keeping our number under wraps, but it's fewer than you might expect. 21% of women and 23% of men admit to altering their number of sexual partners (in either direction) when asked about it. Nearly half singles of both genders simply say they've don't want to know their partner's sexual history at all.
  • Television is totally killing the vibe. 77% of men and 82% of women consider the TV a huge turn-off. In fact, it's the #2 sexual turn-off for women and the #1 sexual turn-off for men. Why? Because TV is hugely distracting, and satisfying sex doesn't happen when your attention is focused elsewhere.

Match.com Presents The 4th Annual Singles In America Study: Modern Love

Match
  • Monday, March 10 2014 @ 07:16 am
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  • Views: 2,038

Match.com's Singles in America study, now in its fourth year, examines the attitudes and behaviors of over 5,300 American singles from from all walks of life in order to get a glimpse into how love and relationships are viewed today.

When it comes to modern love, there is no greater expert than Dr. Helen Fisher. Dr. Fisher is a Biological Anthropologist, a Research Professor and member of the Center for Human Evolution Studies in the Department of Anthropology at Rutgers University, and the Chief Scientific Advisor to Chemistry.com (a division of Match.com). She's shared her expertise in five books on the evolution and future of human sex, love, marriage, gender differences in the brain, and the way personality types shape who you are and who you love.

Needless to say, she's a lady who knows what she's talking about. And fortunately, what she sees in the data from the most recent Singles in America study gives her hope for the future of relationships.

In our modern age of hooking up, friends with benefits, cohabitation before marriage, and constant interaction through computers and mobile phones, many Americans believe that we are living in an era of emotional isolation and sexual chaos. But not Dr. Fisher. In fact, she sees many positives about the ways we date now:

  • We are less prejudiced than ever before. 75% of singles say they would make a long-term commitment to someone of a different ethnic background. 70% of singles say they would commit to someone of a different faith.
  • Despite our increasingly progressive approach to choosing a partner, most singles still want to wed. 79% of men and women in their 20s and 62% of those in their 30s plan for marriage to be a part of their future.
  • Not only do most of us still want to marry, we want to do it for the "right" reasons. Only 14% say they plan to marry for financial security. Instead, 86% of single say they want to wed to "have a committed partner to share my life with."
  • Even those who say they'd don't want to marry chalk their feelings up to the fact that they "don't think you need a marriage to prove you love someone." So even if the significance of marriage is on the decline, says Dr. Fisher, love most certainly is not.

Unsurprisingly, traditional forms of courtship and partnering are also on their way out. Around 92% of men say they're comfortable being asked out by a woman, and 33% of men say they would make a long-term commitment to a woman who is a decade or more their senior. Moreover, the majority of singles now also approve of same-sex marriage, childfree marriage, and having children out of wedlock.

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