Five Reasons to Invest in Love The Network
STRIKE WHEN THE IRON IS HOT.
Five Reasons to Invest in Love The Network:
1. Online Dating Seeing Huge Growth in Revenue every year!! - And no signs of letting up.
Dating is hard enough in the best of times. Throw in nationwide social distancing mandates and nowhere to go on a date, and you would expect the search for love to be the last thing on everyone’s mind.
But online dating is thriving! $3 Billion in the US online and on par to more with the pandemic!
Expected to be worth 12 Billion Globally this year!
Singles across the country are turning to dating apps in record numbers, and dating companies are experiencing growth.
As shown in the graph below, Match Group net income has grown by more than thirty percent (30%) in the last year!
View more details on our Live Raise Page:
According to the FTC’s Complaint: The Owner of the Online Dating Service, Match.com, is being sued by the FTC for Using Fake Love Interest Ads To Trick Consumers into Paying for a Match.com Subscription. Match Group, Inc. is also accused of unfairly exposing consumers to the risk of fraud by engaging in other allegedly deceptive and unfair practices as a Company.
Additionally match owns most dating apps, including Plenty Of Fish, Zoosk, Christian Mingle, Ok Cupid, and over a 140 more! A couple note-able ones that are not owned by them are Bumble and Eharmony.
3. Online dating will continue to become the norm and grow as younger generations age.
According to Business Wire, “The market is expected to be driven by various growth-enhancing factors such as rising internet penetration, increasing smartphone penetration, rising single adults population, changing perception of online dating, etc.”