It is thought the merged entity may be floated on the Australian Securities Exchange down the track or a trade sale may be sought. The Australian Financial Review revealed Fairfax and Ten were in talks to merge the online dating websites in February. Internet dating sites have come under pressure from international rivals like eHarmony and mobile applications, such as Tinder. Ten’s investment in Oasis has grown to a 40 per cent stake through a combination of on-air promotion and cash. Oasis, which is managed by holding company 3H Group, launched in is one of Australia’s largest free online dating sites. It has an overseas presence in countries including Colombia, Chile and Mexico. Fairfax, the publisher of Business Day, has sold a number of digital assets in the past two years.
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The absence of membership fees sometimes attracts ill-intended people, as well as people who are bored and are looking for chat partners instead of relationships. So, finding a really good match on Oasis Active may take a bit longer than on a fee-based dating service. Oasis Active is one of the few dating sites that provide totally free communication and match-making experience. This Australian platform is based in Sydney, even though anyone around the globe is welcome to join.
Currently, the site enjoys quite a few active users from Australia and the United States.
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