Match.com Hooks Up With OkCupid
Match.com pays $50M for its free-service rival
By Nick McMaster,  Newser Staff
Posted Feb 2, 2011 6:34 PM CST
In this screen shot, the match.com home page is shown.   (AP Photo/match.com)

(Newser) – Match.com has bought rival OkCupid for $50 million, consolidating its hold on the online dating market, Mashable reports. The acquisition provides Match.com—a high-end service that charges its 5.8 million users—with access to lots of new customers. OkCupid is a mostly free site with 3.5 million users. No word yet on whether the pay models will change, notes Time.

“We know that many people who start out on advertising-based sites ultimately develop an appetite for the broader feature set and more committed community, which subscription sites like Match.com and Chemistry.com offer, creating a true complimentary relationship between our various business models,” says Greg Blatt, CEO of Match.com parent IAC.

 

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