Match.Com Acquires OKCupid.com
RENEE MONTAGNE, host:
And our last word in business: a match made in heaven.
Yesterday the big dating website Match.com announced it paid $50 million for smaller rival OKCupid.com. In a way, the deal makes sense, OKCupid is edgier and Match may have been lusting after its younger audience. But Match.com charges for its services, while OKCupid is free. In fact, last year, OKCupid published a story on its site called Why You Should Never Pay For Online Dating. It claimed people are more likely to get married if they dont pay to date online.
Well, that blog post disappeared yesterday, just in time for the merger announcement.
So did Cupid sell out? OKCupids CEO was asked that and he says it was the common sense thing to do. Why let a little difference get in the way of a corporate romance?
And thats the business news on MORNING EDITION from NPR News. I'm Renee Montagne.
STEVE INSKEEP, host:
Renee, youre looking great. You got a date tonight?
(Soundbite of laughter)
MONTAGNE: No, its Thursday. We got to get up early, Steve.
INSKEEP: Oh yeah, youre going to bed early. I'm Steve Inskeep. Transcript provided by NPR, Copyright NPR.