In the US, IAC/Inter Active Corp (IACI) is the leader with 20% market share, while Spark Networks (LOV) recently reported a 28% year-on-year increase in revenue.
However, not all these companies have fared as well.
This makes the site the largest internet dating website in China in terms of revenue, total users, and active monthly members.
It is important to understand that the difference between US-based dating services like e Harmony, JDate and others when comparing Chinese online dating websites is that these new millennial users tend to focus on finding a husband or wife.
China’s dominant player, (DATE), listed on the Nasdaq last year, perhaps got its timing wrong.
Its shares have lost more than half its value in a difficult year for Chinese stocks in general.
As Gong cashes out, make sure that you are not left standing at the altar of global capitalism as a common shareholder.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of
Online dating is a huge business, and social media has helped this business grow over the last decade, making millionaires out of shareholders and investors while creating many happy couples.
Best known for its Tinder dating app, MTCH has been a global leader in matchmaking since long before FB was even an algorithm on a dorm room window.
The company is the owner of Match.com, Plentyof Fish, okcupid, and catholicpeoplemeet.com, to name a few.
Past performance is not a guide to future performance.
The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.