Plenty Of Fish Sold
The Match Group, the New York-based company that owns Match.com, OkCupid and Tinder, says it has purchased Vancouver-based dating website PlentyOfFish for US$575 million in cash.
Plenty of Fish sold to Match Group for $575 million (€522 million) in cash and Markus Frind, 36, is the founder and CEO of the Vancouver-based company. Frind said in 2003 he started the business.
In a statement on its website, Match Group CEO Sam Yagan says it was attracted to PlentyOfFish's consistent growth and it plans to integrate the Canadian company's mobile app into its existing family of digital and online dating services.
- Welcome to Plenty of Fish! Being part of our global community means that you have a commitment from us to help ensure that you feel welcomed, safe, and free to be yourself.
- Vancouver-based online dating site PlentyOfFish has been sold to The Match Group for a whooping $575 million in cash. The Match Group is the operator of dating products such as Match, Tinder.
In March, PlentyOfFish surpassed 100 million users.
Plenty Of Fish Sold
CEO and founder Markus Frind launched the company from his Vancouver apartment in 2003.
Plenty Of Fish Sold
The Match Group says the deal is subject to approval from the federal industry minister and is expected to close early in the fourth quarter.