Category: Jiayuan.com

Jiayuan.com’s Proposal Of “Going Private” And Departure Of Director

Posted on March 3, 2015

Jiayuan logo new Aug 13PR NEWSWIRE – Mar 3 – Jiayuan.com's Board of Directors has received a preliminary non-binding proposal letter from Vast Profit Holdings Limited that proposes a "going-private" transaction involving the acquisition of all of the outstanding ordinary shares of the Company not already owned by Vast Profit at $3.58 per share. Vast Profit completed its acquisition of 8M ordinary shares of the Company from Aprilsky Ltd. on Mar 2, 2015. Ms. Gong resigned from her position as a director of the Company, effective immediately, and will no longer hold the position of Co-Chairman of the Board. Ms. Gong will continue to serve as a consultant to the Company.

See full article at MarketWatch

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This post also appears on InternetDatingInvestments.

Summarized by Courtland Brooks Internet Dating Marketing Consulting

Jiayuan Surpasses 140 Million Registered Users

Posted on February 25, 2015

Jiayuan logo new Aug 13PR NEWSWIRE – Feb 25 – The number of registered users across Jiayuan's platforms including Jiayuan.com, iZhenxin.com and qiuai.com surpassed the 140M milestone, including 126.5M accounts from Jiayuan.com. According to statistics compiled by iResearch, Jiayuan.com is China's undisputed leader in online dating, ranking first in terms of daily visitors, time spent by users, pages viewed and number of visits in 2014.

See full article at PR Newswire

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Summarized by Courtland Brooks Internet Dating Marketing Consulting

Jiayuan Q3 2014 Results: 26% Increase In Revenue

Posted on November 21, 2014

Jiayuan logo new Aug 13PR NEWSWIRE – Nov 20 – Q3 net revenue was $26.3M, up 25.5% YOY. Net income was $473K, compared to $2.9M in Q3 2012. Average monthly active user accounts reached a record high 6.2M, a 13.6% increase YOY. Average monthly paying user accounts were 1.5M, an 11.3% increase YOY. Jiayuan is increasingly shifting towards mobile with mobile log-ins accounting for 70% of all log-ins during Q3.

See full article at Marketwatch

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Summarized by Courtland Brooks Internet Dating Marketing Consulting

Jiayuan.com Announces Appointment Of Independent Director

Posted on November 13, 2014

Jiayuan logo new Aug 13MARKET WATCH – Oct 30 – The operator of the largest online dating platform in China, announced that its Board of Directors has approved the appointment of Mr. Gaofei Wang as an independent director, effective October 30, 2014. Mr. Wang will replace Mr. Jianzhang Liang on the Audit Committee of the Board. Mr. Wang has served as Weibo's CEO since February 2014 and as Senior Vice President at SINA since May 2013.

See full article at Market Watch

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Summarized by Courtland Brooks Internet Dating Marketing Consulting

Jiayuan Q2 2014 Financial Results: Revenue Up 22%

Posted on August 28, 2014

Jiayuan logo new Aug 13PR NEWSWIRE – Aug 28 – Q2 revenues were $23.4M, a 21.8% YOY increase. Operating income was $1.3M. Average monthly paying user accounts were 1.5M, a 16.3% YOY increase. Personalized matchmaking services grew 239.3% YOY, accounting for 22.5% of net revenues. 64% of all logins were from mobile.

See full article at Digital Journal

Mark Brooks: Match owns 20% of Zhenai which is a top 3 dating site and competitor to Jiayuan. I expect to see Zhenai rise in rankings because of knowledge sharing between the companies. The Chinese market is most interesting because matchmaking is far more palatable and culturally the norm. 

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Summarized by Courtland Brooks Internet Dating Marketing Consulting

Jiayuan.com Announces 110M Registered Users

Posted on July 1, 2014

Jiayuan logo new Aug 13STREET INSIDER – June 30 - Jiayuan.com has now 110M registered accounts. According to comScore, Jiayuan remains by far China's leader in online dating, accounting for 58.4% of the total time spent on online dating in March 2014.

See full article at Street Insider

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Jiayuan Reported Q1’14 Loss $2.2M, Revenue Up 20.5%

Posted on June 4, 2014

Jiayuan logo new Aug 13PR NEWSWIRE – June 3 – Q1 2014 net revenues was $21.6M, a YOY increase of 20.5%. Net loss was $2.2M due to the increase marketing expenses. Jiayuan launched a new TV ad campaign during the Chinese New Year's holiday. The number of average monthly paying users was 1.5M, up from compared with 1.3M in Q1 2013.

See full article at MSN Money

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Public Companies, Mark Brooks Presentation

Posted on May 23, 2014

OPW – May 23 – Match.com posted 2013 revenues of ~$800M and profits of $220M, including Meetic. Spark Networks projected 2013 revenues were ~$70M, with ~$13M in loss due to high marketing expenses. Jiayuan.com will earn an estimated $80M in 2013 revenues, with projected growth to $300M in 2015.

For additional companies and details, please view the video below.

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China Is Set to Become World’s Largest Economy by Year’s End, Overtaking U.S.

Posted on May 1, 2014

OPW – May 1 – This graph blew us away. There's much hope in China, along with many challenges for China Internet dating sites. The top Internet Dating sites in China are Jiayuan, Baihe and Zhenai.

Economic primacy
See full post at Courtland Brooks blog.

Jiayuan’s Founder Starts Online English Education Business

Posted on April 11, 2014

Jiayuan school kidsCHINA DAILY – Apr 10 – Gong Haiyanin's is China's first online matchmaker. She started Jiayuan.com and developed it into a Nasdaq-listed company in 2011, 8 years after she set it up. The number of its registered users is 100M so far. Jiayuan.com generated net revenue of 492.6M yuan ($79.28M) in 2013, up 19.9 % YOY. After successfully bringing Jiayuan.com to the capital market, she embarked on starting her second business – online English education.

See full article at ECNS

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