PR NEWSWIRE – Mar 5 – Jiayuan's Q4 revenue was RMB172.8M ($27.9M), a YOY increase of 29.9%. Q4 net income was RMB19.2M ($3.1M), compared to RMB25M in Q4 2013. Net revenues for full year 2014 were $99M, a year-over-year increase of 24.6%. Net income for full year 2014 was $3.2M. Online services contributed 61% of net revenues. Personalized matchmaking services contributed 34.7% of net revenues, events and others 4.3%.
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Mark Brooks: Let me just repeat that number. 35% of net revenues are from Matchmaking. Now you know why Match bought 20% of Zhenai and then picked up Three Day Rule. They're experimenting with reaching the well-heeled and motivated with Three Day Rule. At the other end of the market they've captivated the easily distracted entry-level daters with Tinder. Do you feel the wagons circling?
Personalized matchmaking is the natural next step for singles who are frustrated with online dating and interested in a long-term relationship. I’m not surprised that Jiayuan is going to invest more time and resources to matchmaking. 34.7% of net revenue is a fair chunk of business.
Personalized matchmaking is the natural next step for singles who are frustrated with online dating and interested in a long-term relationship. I’m not surprised that Jiayuan is going to invest more time and resources to matchmaking. 34.7% of net revenue is a fair chunk of business.