He says that, without Tinder, he may not have met his fiance when he was using the app two years ago."We're getting married July 20th," says Bennett.
"It's worked out really well."In its most recent quarterly report, Match Group says more than three million Tinder users pay for premium services and its total number of global subscribers across all brands soared 24 per cent to seven million.
According to IBISWorld, the number of companies in the dating services industry in Canada is expected to continue to expand, by 3.5 per cent this year and three per cent the following year.
As the stigma around online dating has faded, it's also become a highly competitive — and crowded — industry.
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The technology was big and it was expensive," said Croxon.Companies have targeted niche communities and different religious, ethnic and age groups with apps such as Christian Mingle, JDate, Farmers Only, Grindr, and Silver Singles. S., revenue — while still expected to increase — is forecast to grow more slowly over the next five years. S., larger players are expected to continue acquiring smaller ones, potentially shrinking the number of companies, according to IBISWorld.Match Group, the largest company by market share in both Canada and the U.With about 2,000 dating services to choose from in North America and millions of users engaging in them, tales of searching digitally for a successful match — for life, or perhaps just for the night — are now so common they've become an intimate part of the way we live.Canadians could have more options to choose from in coming years.Still, he's hopeful."You do see from the reaction from people when you tell them about this product…they like the idea and they join up," Darling said.The company says it controls more than 45 brands, including and Tinder, but it doesn't disclose a complete list of all of them.Still, its well-known brands have been part of the Canadian landscape for years. Chris Bennett worked in downtown Toronto, but he used to live outside of the city.S., has been buying up smaller dating services for years.In 2011, Match Group acquired Ok Cupid, and in 2015, it bought the Vancouver-based dating site, Plenty of Fish, for 5 million US.