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In 2005, only 10% of 18-24 year olds reported to have used online dating services; this number quickly grew to over 27%, [10] making this target demographic the largest number of users for most applications. When Pew Research Center conducted a study in 2016, they found that 59% of U.S. adults agreed that online dating is a good way to meet ...
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In 2013 there was "exponential growth" of dating websites creating apps and dating apps being used through a mobile device. [13] Tinder has been up to par competing in this market "as of October 2014, the app has more than fifty million users" and also it is valued "anywhere from $750 million to $1 billion".
Are Mutual Set-Ups Replacing Dating Apps? I tapped as many single men and women as I could from New York to San Francisco, spanning from Gen Z (23 to 27 years old) to Millenials (28 to 36 years old).
In 2016, Tinder was the most popular dating app in the United States, holding a 25.6% market share of monthly users. [32] On the company's third-quarter earnings call, Match Group's CEO Greg Blatt described the popular dating app Tinder as a "rocket" and the "future of this business."