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"All the American companies came to Germany and invested millions in ads, but in the end they forgot that Germans like to pay by bank transfers so half of the people just didn't pay and they made a big loss.
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This, however, isn't necessarily the reality as the public loses track of which sites are actually useful, according to Henning Wiechers, CEO of Singleboersen-vergleich, an online portal that rates dating websites in Germany, Austria and Switzerland.
"One site buys another one, and others go under; they're not able to continue with their marketing expenses because they don't earn enough," he said.
Profits at online dating sites have increased in recent years as more and more singles turn to the Internet to find a partner.
But with over 2,000 sites to choose from, the industry could be in danger of oversaturation.
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Flirting with other singles online or arranging a quick date via smartphone is nothing unusual anymore.
Many people use the Internet to arrange their love lives the same way they would to buy a new pair of shoes or book a holiday.
Every month around 7 million German singles are active on online dating portals, which range from personal ad platforms to full-fledged matchmaking services.Tags: Adult Dating, affair dating, sex dating