In 1997, it became one of the first profitable internet businesses in the world.In 1998, Lycos paid million for in an attempt to "break into the portal market." Over the course of the next few years, Lycos acquired nearly two dozen internet brands including Gamesville, Who Where, Wired News (eventually sold to Wired), Quote.com, Angelfire, Matchmaker.com, and Raging Lycos, Inc., is a web search engine and web portal established in 1994, spun out of Carnegie Mellon University.
Since 2009, the online dating industry has grown 100%, with 20 million more people having visited or used an online dating domain.
While the average subscription cost has become more affordable in the - range, the number of subscribers has increased dramatically, leading to the higher industry success. The average person spends 9 on online dating each year.
It's not just an American opportunity either- European online services are seeing revenues from online dating domains jump as well year over year.
And since 2006, about 17% of married couples have met using an online dating site.
Online daters flock towards the internet world of meeting people because it allows them to browse other singles from the comfort of their own home and without face-to-face rejection.