For those wondering, Match Group explained it a bit in its S1, which was filed Friday as it gears up to go public soon.Here's what it said: We acquired this business because it relies on many of the same competencies as our dating business, such as paid customer acquisition, a combination of free and paid features, deep understanding of the lifetime values of customers, and strong expertise in user interface development.
The winner of the contest was Angelo Martorell of the Wharton School, who pitched long IAC Interactive (IACI).
While the company owns various assets, his pitch centered around the company's online dating assets, and in particular its popular Tinder app.
Average earnings estimate for Q4 2015: $0.14 per share.
Average revenue estimate for Q4 2015: $28.68 million.
With his previous experience as CFO at Jiayuan, I believe Paktor Group's financial planning as well as financial management are in good hands.