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<\/p>\n","protected":false},"excerpt":{"rendered":"There has been a 57 per cent increase in online dating revenue in the past 12 months, newly-released research has found.<\/p>\n
Carried out by Vindicia and reported by thenextweb.com, the statistic highlights the potential for growth in the market.<\/p>\n
Singletons – who may have been particularly active recently as they sought a date for Valentine's Day – are happy to use this medium in order to find that special someone.<\/p>\n
Sanjay Sarathy, chief marketing officer of Vindicia, pointed to the growth of social media as one of the main reasons for the hike.<\/p>\n
"Innovations in technology are expediting growth in the dating business, whether this is via location-based mobile apps, or by tapping into large and growing communities such as Facebook," he added.<\/p>\n
Mr Sarathy continued by saying that there is "boundless" potential for the market to grow.<\/p>\n
Earlier this month, American Express revealed consumers will spend $196 (£125) on Valentine's Day.<\/p>\n
Posted by Trevor Smith
<\/p>\n","protected":false},"excerpt":{"rendered":"
The online dating market still has plenty of potential for growth. <\/p>\n","protected":false},"author":1,"featured_media":5309,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2],"tags":[],"yoast_head":"\n