The Ledger
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Isaacson: Dating app industry to reach $12B by end of next year
“In 2016, it was a three billion dollar industry. By the end of next year is expected to be a twelve billion dollar industry.”
Isaacson: Average dating app user uses three to four apps simultaneously
“You've got your average dating app user using three or four dating apps at a time. People are used to kind of having their main dating apps that they could swipe all day if they want to, and then dating apps that really cut to the chase in addition, kind of in…”
Isaacson: 10% of dating app users select paid subscription tiers
“So dating apps today, according to industry data, you're seeing about 10% of users choosing to do one of the paid options between the two 99 and 34 dollars a month.”
Lee Isaacson: Match Group owns 49 dating apps and actively acquires others
“So if you look at Match Corporation, for example, they own 49 different dating apps, and so in terms of exit possibilities, places like Match Group, the Meet Group is another one. There are these large corporations looking to not just incubate their own dating…”