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25-Nov-2016 04:13

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Online Dating Websites: Sites such as, Plenty of Fish, e Harmony, and hundreds more bring affordable and convenient matchmaking services to America’s 124 million singles.Dating Apps: Smartphones have brought online dating into the hands of thousands of Millennials through popular new apps.That growth is already beginning to attract investors.The field is already crowded, with almost 3,900 companies running dating sites, according to a report last fall from business research firm IBISWorld.

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The growth is fueled by a high profit margin, a low (but increasing) barrier to entry and a falling social stigma against meeting your mate online.

“When it comes to being a business, dating apps have a really disturbing paradox.

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