PlentyOfFish was acquired by IAC / MATCH GROUP last October 2015 for USD575 Million in cash.
Fresh data about "Match app - Tinder app" war (LATAM Countries)
Profits down for Match.com as Britons turn to free dating apps
Bad News, Match Group overpaid USD 575 Million for PlentyOfFish.
The Match Group overpaid for PlentyOfFish (It was insane, USD575 Million for PlentyOfFish that past its prime 2 years ago). The Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.
The Match Group is not going to innovate and revolutionize the Online Dating Industry in the next years.
Match Group data from Goldman Sachs 25th Annual Communacopia Conference