Innovation in Online Dating — Zhenai

Global Online Dating In the Online Dating Matchmaking statistical surveying study, is considered as the base year, and is considered as the estimate time frame to anticipate the market size. The report Add to Chrome. Sign in. Home Local Classifieds. News Break App.

Buys Stake in Chinese Dating Site

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The company, Zhenai Inc. The terms of the deal were not disclosed. A Match. Foreign Internet companies have often struggled to break into the country’s vast market and run their own businesses. Google, eBay, and most recently Groupon have all faced intense competition from Chinese Internet firms. In the case of China’s online dating market, Zhenai.

The online matchmaking business in China

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Zhenai logo aug 16 REUTERS – Feb 15 – DEA General Aviation announced it’s intent to acquire the dating site today, in order to expand its business.

In old China, young people usually relied on parents, friends and professional matchmakers to help find a mate. However, with the development of Internet, the online dating services have become the most popular way in the search for Mr. Here is the pick of the 6 dating sites in China to meet a new partner. It is a multi-lingual website consisting of English, French, German, Japanese, simplified Chinese and traditional Chinese. It is the best dating site for foreign men to date Chinese girls.

It is designed to help Chinese singles find marriage. Jiayuan now has over million registered users and 4. The Web site markets itself particularly to women, who are more apt to pay for the additional matchmaking help. Zhenai is said to boast a user base of over 58 million registered members.

One-Third of Chinese Millennials and Gen Z Indifferent to Marriage, Study Finds

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Date: Breakfast, Thursday 16 June Hosted by HK Club Member, How Zhenai Injected Traditional Chinese Marriage Culture into e-Dating: And Became​.

According to the police, the year-old Mr. Huang had amassed the money by inventing various stories about being in need, prompting his victims in Shenzhen, Guangzhou, and Yingde to send him cash via WeChat hongbao or money transfers. One woman in Yingde finally tipped off police to what was happening. After receiving her tipoff near the beginning of July, Yingde police began investigating Mr. They tracked down his location to Tianhe District in Guangzhou, and on August 18, apprehended and transported him back to Yingde.

There, further questioning revealed that the suspect came from Huilai County, in Jieyang, a city in Southeast Guangdong. Huang turned 19 this year and, possibly because of his lucrative side-business, is currently unemployed. Although reports say that he’s not particularly attractive in person, on the internet Huang created a new persona for himself: an exotic overseas returnee who had studied abroad. A picture of the suspect, taken by Yingde police. Police said he used online dating sites as a platform to find women and add them on WeChat.

Huang revealed the details of her own encounter with the scammer while aiding police in their search.

Dating Sites Like Jiayuan

The company, Zhenai Inc. The terms of the deal were not disclosed. A Match.

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Some online dating companies and includes online dating sites promise to grow to 1. In the online dating services industry. Iac is also responsible for billionaire dating. Canada the usa. By age group.

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DEA said Zhenai reported 1 billion yuan ($ million) in revenue last year and that it plans to integrate the dating website into its home appliance business​.

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Beijing — Online dating site Zhenai. Venture-backed Chinese companies have recently used similar purchases by Shanghai- and Shenzhen-listed shell companies as a form of backdoor IPO to avoid long waits for traditional offerings. It said a specific plan is still being crafted, and final details have yet to be determined. The company was originally a maker of electronic devices, but morphed into its current form through a series of domestic and foreign purchases in the aviation business between and , mostly in the helicopter industry.

Rival site Jiayuan delisted from the Nasdaq Stock Market last year in a deal that saw it privatize and merge with rival Baihe. Many similar venture-funded Chinese companies have chosen a similar path over the last two years, as they can often get much higher valuations from local investors than they could in New York.

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