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Popular for its matchmaking ability, the rapidly growing dating app Tinder on Thursday launched its first effort at moneymaking. In its first experiment with making money, Tinder said Thursday that it would charge its mostly millennial users for special features through a subscription plan called Tinder Plus. The plan is to make it available to all Tinder users by the end of the year. Though IAC has produced healthy profit margins through dating websites such as Match. You have a bunch of things to try
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IAC's profit beats as revenue rises from dating websites

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So Many Dating Sites Are Owned by the Same Company

But now things are getting really serious. The media conglomerate, whose chairman is Barry Diller, has been snatching up dating sites for the last several years, increasing its bet on the fertile terrain combining technology and romance, where many couples are meeting these days. Through its two giant dating sites, Match. Then in March, IAC increased its majority stake in Tinder , a mobile app that is ground zero for the hookup culture, paying an undisclosed amount that is believed to have valued Tinder in the billions. IAC is organized in an unusual way.
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The company acquired several assets in the late s. HSN purchased a controlling stake in Ticketmaster Group in July , [15] and then acquired the rest of the company in June In the early s, USA Networks began divesting itself of its traditional television broadcasting and production units. In July , the company entered the online travel business with its acquisition of Expedia , [30] followed the next year by an acquisition of Interval International.
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The offering of newly issued shares would create a new listing for a variety of popular dating websites and apps under the Match Group banner, including Match. Indeed, Mr. Diller has a long history of pursuing such splits. In , IAC broke itself up into five separate publicly traded companies.
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