M&A Gossip: Flirting With Singlesnet

Next Story

EveryScape Raises Another $6 Million For Local 3D Street Search

People in the online personals industry are buzzing. We’ve heard a rumor that online dating service and IAC property is acquiring fellow dating site Singlesnet. We’ve reached out to both companies for confirmation. Singleset’s representative wrote back to us to say: “I’m not in a position to discuss or consider this topic at the present time” has not yet responded.

If true, the acquisition wouldn’t be surprising. Match is in the habit of buying up potential competitors. The dating giant scooped up highly-targeted dating site network People Media last year for a whopping $80 million.

And Singlesnet’s traffic is fairly significant for a dating site that doesn’t have the resources of IAC-backed Match. According to comScore stats for January, Singlesnet saw 3 million unique visitors worldwide, which was half of’s 6.1 million unique visitors for the same period.

blog comments powered by Disqus