(3) However, revenue has slightly decreased in the same period.
A Leading Dating uk study (4) points at two causes: the migration to social dating platforms and improved consumer protection regulations.
Online dating revenues are growing 10 percent to 15 percent per year, on track to hit one point nine billion dollars within three years, according to Piper Jaffray.
The pullback in consumer spending hasn't slowed down the industry at all: if anything it seems to have made Americans more eager to settle down.
e Harmony doesn't disclose its user numbers, but Piper Jaffray's Gene Munster estimates that its revenues were about $250 million with about 13 percent market share. Waldorf says that the lengthy questionnaire and the price tag weeds out people who aren't serious, and the algorithm they use to crunch the answers matches customers with compatible life partners. There are the niche sites like and Christianmingle.com, which are both owned by Spark Networks .