SCMP – Nov 17 – Hong Kong based expert uses free Wifi and developer's program to demonstrate how easy it is to hack Tantan, the Chinese dating app used by millions. Cybersecurity expert Larry Salibra said he could access Tantan users' photos, details, chat logs and even their location. Tantan's CEO and co-founder Yu Wang admitted changes needed to be made to protect users' privacy on his app. Tantan, similar to Tinder, was founded in July 2014. The app had drawn ~2M users in one year.
Category: Tantan
68% Of Chinese Women Would Not Marry A Man Without A House
BEIJING TODAY – Oct 31 – Dating apps such as Momo, Tantan and Qingchifan are growing fast and attracting investment. Young people also use IM apps such as WeChat and QQ to meet romantic partners. Online dating in China will generate ~10B yuan ($1.6B) in revenue by 2016, up 17% from 2014, according to iResearch. Dating sites make money from ads and membership fees, and also from offline events and matchmaking services. Comparatively, most foreign dating sites rely on ads. Whereas users of foreign dating sites try to impress with looks and personality, Chinese sites are more pragmatic. Educational background, salary, and home ownership often weigh the most in selecting a partner. Men are generally expected to have a house, a car and a satisfying salary. 68% of women in developed cities said they would not marry a man until he owns a house.
by Simina Mistreanu
The full article was originally published at Beijing Today, but is no longer available.
Summarized by
The Success Of Momo Is Attracting Rivals In China
BLOOMBERG – June 4 - Tantan is a Chinese mobile dating app that works like Tinder. While there have been doubts about the ability of Tinder to get customers to pay, China’s entrepreneurs think they’ll have an easier time. Tantan doesn’t plan to charge its users until the year-old app has 10M users, from 2M now. German media company Bertelsmann invested $5M into Tantan this year. Early Apple backer Sequoia Capital and Vertex Venture Holdings have invested $20.5M in Qingchifan, another dating app. iResearch predicts online dating in China will generate ~$1.6B a year in 2016, up 17% from 2014.
See full article at Bloomberg Business
Tantan, A Chinese Tinder Clone, Raises $5M
TECH IN ASIA – Feb 3 – Tantan is Tinder's carbon copy. It’s not clear how many users Tantan has. The iOS version has just three reviews on the iTunes store, one of which complains about a lack of users. But founders Pan Ying and Wang Yu claim that the app has a weekly active user rate of 80%.
by C. Custer
The full article was originally published at Tech In Asia, but is no longer available.
This post also appears on InternetDatingInvestments.
