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Online Dating Is Great—for Investors. For Customers, It’s Complicated.

Dating was once concerning the finish end result. Its shift to a web-based enterprise has made it concerning the journey.

That won’t be nice for the longevity of customers’ relationships, however it ought to proceed to profit traders’ love affair with publicly traded firms like Match Group and Bumble. Match’s apps had almost 100 million collective month-to-month lively customers as of the top of the primary quarter. Meanwhile, the variety of folks keen to pay for so-called “freemium” courting apps continues to climb. Bumble’s namesake app and Match’s Tinder each had greater than twice the variety of paying customers within the U.S. in May as they did the identical month 5 years earlier, in keeping with figures from analysis agency YipitData. Together, Wall Street expects Match and Bumble to generate effectively over $4 billion this yr off their customers’ quests to seek out…no matter it’s they’re on the lookout for.

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