Dating industry stats

15 Nov

According to Mc Dermott, earnings for the first quarter of that year amounted to .9 million; profits were .1 million in 2002 versus .7 million in 2001.

“This is a massive business,” said Roben Farzad, a writer for Smart Money magazine in September, 2005

There were some fascinating talks from a variety of voices in the Dating Industry, and we saw attendees from over 15 different countries.

Online dating (or Internet dating) is a system that enables strangers to find and introduce themselves to new personal connections over the Internet, usually with the goal of developing personal, romantic, or sexual relationships.

An online dating service is a company that provides specific mechanisms (generally websites or applications) for online dating through the use of Internet-connected personal computers or mobile devices.

Related: In January, your visit to the gym becomes an exercise in patience “During the last few weeks of the year, people often take time to reflect on their accomplishments, failures, as well as reassess how to improve their lives in the New Year—especially in the romance category,” says Jess Carbino, Tinder’s resident sociologist.

Through focus groups and other means of data collection, Carbino has determined that 80 percent of people on Tinder are looking for long-term relationships.