Posts Tagged ‘Jiayuan floats in the NASDAQ market’
Growth of the online dating industry abroad - Dr Dato’s Brief
Wednesday, June 8th, 2011
The growth of the online dating industry is not just happening here in the West, it is seeing a resurgence in China which from year to year has seen phenomenal economic growth.
Along with economic wealth comes people with money and with that follows creative business solutions that was once the mainstay of the West taking a foothold in those developing countries. Chief amongst these are the business in the online world, for example, Baidu the google search engine for China, Alibaba the portal distribution site that matches manufacturers, distributors and consumer.
In little less than a few years Jiayuan International Ltd. has had phenomenal growth in its online dating website Jiayuan.com which just recently got floated in NASDAQ. The Net Revenues increased by 198% year over year which just goes to show the strength of this huge market serving a populous country of over 1.6 billion people.
Continue to see more online dating sites appearing in China with some Western counterparts also vying for a footing in this growing market.
Tags: growing dating market in China, Jiayuan chinese dating site, Jiayuan floats in the NASDAQ market