Datingrevenue com

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Match Group, which owns a portfolio of dating services including Tinder, beat analyst estimates with revenue of about 9 million in 4Q 2017, per Reuters.

Tinder's success contributed to the better-than-expected figure.

"We are happy to see Facebook acknowledging the need to create meaningful relationships beyond hookups, as the online dating culture definitely needs to shift away from quantity vs.

quality interactions." Several other app-based dating services have attracted VC interest.

The trio famously pitched to Mark Cuban on "Shark Tank" in an episode that aired in 2015, only to reject his million takeover offer, which was the largest in the show's history.

The business of romantic relationships has proven to be a lucrative one.

Coffee Meets Bagel, named because matches are referred to as "bagels" in the app, has previously raised just over million in equity funding from investors including DCM Ventures, Quest Ventures and Azure Capital.

The founding team consists of three sisters, Arum, Dawoon and Soo Kang.

The app, which is valued at an estimated billion, added 1.5 million paid subscribers in 2017 and now has some 3 million paying users, also per Reuters.

Match is expected to release its 1Q earnings report on May 8.

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