PlentyOfFish for Match.com owner at $575 million

IAC/InterActive Corp’s Match Group, which owns Match.com, agreed to buy dating website PlentyOfFish for $575 million to push deeper into the lucrative mobile-based dating business, ahead of its planned public listing. Canada-based PlentyOfFish was launched in 2003 and has over 90 million registered users worldwide, 80 percent of whom access the services on mobile devices, according to its website. The company’s founder and Chief Executive Markus Frind grew the site to 10 million users on his own while running the company out of his Vancouver apartment.

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PlentyOfFish for Match.com owner at $575 million