Wednesday, July 30, 2014
Report about Q2 2014, IAC (nasdaq IACI)
IAC/InterActiveCorp's (IACI) CEO on Q2 2014 Results - Press Release
For me; it is clear they acquired FriendScout24 (old and obsolete site) and HowAboutWe (as gift) because they do not want to innovate. They want to squeeze their big databases to get all the juice (money) from the wallets of the daters.
When the IAC Personals bought OKCupid (3 years ago) for an astronomical amount of money, the OKCupid team had the task to copycat Badoo, but they failed in that mission. IAC Personals backed Tinder instead, as the copycat of Badoo, but it seems there is a divorce between Tinder and Match just now! Perhaps the IAC will "discretely bury" Tinder soon, it will absorb it and merge with Match mobile (with Stream and Mixer features) as soon as possible.
Please see this information from Alexa and Compete, they show their sites reached operating ceiling!
Please read also:
about the recent interview with the CEO of Match Group
Report about Q1 2014, IAC (nasdaq IACI)