China dating site ipo
Smith also highlighted one big difference between the U.
Jiayuan organizes around 1,000 large-scale matchmaking events across 100 Chinese cities and a yearly “mass marriage” event for members.
One key investment point: It helps to have a big company behind you when you're in a competitive space in China.
Remember Secoo Holding, which sells luxury brands in China?
"Earlier Chinese IPOs have done well and they figured there is demand here, so others keep coming." "Investors are willing to roll the dice with China," Kathleen Smith, co-founder of Renaissance Capital, told me.
It also offers a variety of paid packages, with VIP services that include live notifications when your favorite individuals are online.It went public on the NASDAQ stock market, raising up to US.2 million. The company aims to provide a trusted, effective, and user-focused online dating platform that addresses the dating and marriage needs of China's rapidly growing urban singles population.As of April 2011, had more than 40 million registered users. Jiayuan organizes around 1,000 large-scale matchmaking events across 100 Chinese cities and a yearly “mass marriage” event for members.In October 2014, Tang was named by Fortune Magazine as one of its “40 Under 40,” a list of the most powerful business elites under the age of 40.The other co-founders all have prior experience with major Chinese Internet companies.