Match.com

The online dating market is hot right now and projected to grow to $12 billion by 2020. This is in part thanks to bullish analysts targeting a price point of $66 for Match Group stock, based mostly on the incredible revenue growth of Tinder.

This projection by Nomura Instinet came on the heels of a downward market in early October. Match Group stock was projected to be 28% higher than what it was worth on Thursday October 11^th before the announcement. The $66 valuation gave Match Group a bump on Friday.

Facebook’s entry into the online dating market could have an effect on these projections, though Nomura Instinet analysts say the valuation is based on Match Group’s effective strategy of buying competitors before they scale. Most particularly, Match Group was very successful in its purchase of dating app darling Tinder, which has seen unexpected revenue growth since launching its paid premium service Tinder Gold.

Match Group, the parent company of popular dating apps such as Tinder, OkCupid, and PlentyofFish, reported second quarter earnings of $421 million, exceeding industry analyst expectations.

The rise in profits was thanks to its star app Tinder, which gained an additional 300,000 subscribers in Q2 alone, and has seen a record 3.8 million subscribers to date. Match Group expects to earn $1.72 billion this year, with Tinder expected to exceed $800 million in revenue, according to Fortune Magazine. Match Group’s subscribers for all apps total about 7.7 million.

“Retention and conversion were a bit stronger than we thought they would be,” Chief Executive Mandy Ginsberg told website MarketWatch.

Summer: the season of swimsuits, sunscreen, ice cream, state fairs, outdoor movies, park picnics, umbrella drinks, bonfires, BBQ, trashy beach reads, and road trips.

This year, Match.com celebrated summer by teaming up with travel planning platform Roadtrippers for a one-of-a-kind survey on the perks, perils, and pet peeves of road tripping with a romantic partner. Over 1,500 singles shared their insights on making it work (and the turn-offs that guarantee your automotive adventure will be a wreck).

Nearly a third of singles (33%) agree that a road trip is a very significant milestone in a new relationship. But not all singles take it so seriously - an impressive 60% think it’s ok to attempt a road trip after just one month of dating a new partner.

Following a successful launch on Facebook Messenger last year, Match is bringing its dating chatbot Lara to Google Assistant.

The AI matchmaker uses contextual understanding and speech recognition to provide advice and guidance for dating in the digital age. Lara first launched in France in 2016, then rolled out to users in the UK in 2017.

Match's vice-president of Northern Europe, Abbie Oguntade, spoke to The Drum earlier this year about the bot’s success and future trajectory. Lara has driven a 30% increase in visitors to Match’s landing page in Europe, she said, and subscriptions have “heavily improved” as a result. A team of around 15 engineers and tech experts are working out of Match’s innovation hub to improve the assistant’s AI features.

It’s been a tumultuous month for Match Group. The company’s share price dropped over 25% in the wake of Facebook's announcement that it was entering the online dating space, prompting CEO Mandy Ginsberg to assure users and investors that Match Group had little to fear from its new competitor.

“People don’t want to mix Facebook and their dating lives,” she said in an interview with Bloomberg.

She may be right. Looking at Match Group’s Q1 2018 Earning Results, also released this month, the company appears to be in a strong position despite the recent hit.

Halloween has come early for Match.com. The venerable dating site made headlines last week for an outbreak of zombies -- zombie profiles, that is.

A report from The Verge revealed that a glitch has resurrected an unknown number of deleted Match profiles from the dead. In an interview, former Match user Jason Debiak explained his surprise when, over breakfast with his wife and daughter, an email announcing 10 new matches on a decade-old, deactivated account appeared in his inbox.

“I log in, and there I am, from 15 years prior, with less gray hair,” he said. “And my whole profile is there, everything.”