Timeless business? Dating websites are doing roaring business.
IAC/InterActive Corp’s Match Group, which owns Match.com, has agreed to buy Canada-based dating website PlentyOfFish for US$575mil to push deeper into the lucrative mobile-based dating business, ahead of its planned public listing.
Canada-based PlentyOfFish was launched in 2003 and has over 90 million registered users worldwide, 80% of whom access the services on mobile devices, according to its website.
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