Thursday, May 3, 2012
IAC's Q1 2012
The IAC had increased its paid subscribers database thanks to acquiring companies, like SinglesNet, Meetic, OkCupid and others, but if they acquire is a sign they can not innovate.
Lack Of Innovation & Decadence can summarize the Online Dating Industry since years.
Worldwide there are less than 7 million paid members (adding up all the ones at eHarmony, Match, Chemistry, Meetic, MeeticAffinity, OkCupid, PeopleMedia's Communities, PlentyOfFish, Parship, eCift, etc). The market remains enormous for new players.
Online Dating for serious daters does not need to be more social, it needs to be more effective, more efficient.
It is clear to Match, if they want to grow, they will need to increase their non-Meetic international operations (The unexploited Latin American Market remains enormous: Brazil, Mexico, Argentina, Chile, Venezuela, Colombia, Uruguay, Paraguay, Bolivia, Ecuador, Peru, and many countries in Central America) or launch a new site to replace Chemistry. Or is the IAC going to acquire eHarmony soon?
Compare to Q4 2011.
See also IAC 2011 annual report.