The estimated 10% annual growth may end up being a conservative number, with 58 percent of women in the United States and 48 percent of the men use online dating services.Not surprisingly, members of these online dating sites aren’t always completely honest.In 2016, Nanaimo RCMP fielded numerous phone calls of complaints about a common Canada Revenue Agency scam.
In 2007, dating sites earned about $1.03 billion in revenue, with that figure expected to grow to $1.65 billion by 2012.
These projections are based on the continued integration of the digital world into everyday life.
It’s estimated that some 20 million Internet users will visit an online dating site at least once a month.
There is more good news ahead when considering that these visitors tend to become members.
Match Group, the owner of online dating apps such as Tinder and Plenty of Fish, reported a profit of $56.4 million, compared with a profit of $35.3 million a year earlier.
Analysts had projected profit of million, according to a survey by Fact Set.
“It's heartbreaking, it's devastating,” local seniors advocate Kim Slater said.
“But it's a story that's being repeated too often.” Telephone scams are a major component of the various fraud cases listed by the BBB.
That’s a lot of money spent on love, especially if the site is number one.
Dating sites are commonly ranked by revenue and number of members. e Harmony, for instance is one of the industry’s trendsetters.
The Internet has changed the way we get our news, watch television, read books and shop. In fact, online dating sites rank as the third most popular compared to other paid content sites that fill the Internet.