DATE Profile
Jiayuan.com International Ltd. (DATE) was a Chinese online dating website that provided matchmaking services to singles in China. The company was founded in 2003 by Rose Gong and was headquartered in Beijing, China.
Jiayuan.com International Ltd. was one of the largest online dating websites in China, with a user base of more than 100 million registered users. The company offered a range of matchmaking services, including online profiles, personalized matchmaking, and events.
Jiayuan.com International Ltd. faced intense competition from other online dating websites in China, including Momo and Tantan. The company also faced some challenges related to regulatory changes in China, which required online dating websites to verify the identity of their users and to provide more transparency in their operations.
In 2016, Jiayuan.com International Ltd. was acquired by Baihe Network Co. Ltd. in a deal worth approximately $250 million. The acquisition was aimed at consolidating the online dating market in China and creating a more competitive landscape.
As a result of the acquisition, Jiayuan.com International Ltd. is no longer a publicly traded company. However, its legacy continues through its contributions to the development of the online dating industry in China, and through the many successful relationships and marriages that were facilitated through its matchmaking services.
Online dating remains a popular and rapidly growing industry in China and around the world, and the lessons learned from companies like Jiayuan.com International Ltd. continue to inform and shape the future of this dynamic and exciting industry.
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