Datingstocks com

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.Online dating has transformed the world of courtship.According to You Gov, it accounted for one in five of all new relationships, while last year, online dating subscriptions were added to the Office for National Statistics’ basket of goods and services measuring the cost of living.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.

The headline wasn’t a big mover for the social media giant, but it did deliver a knockout punch to the current leader in online dating (and online dating stocks) — Match Group Inc (NASDAQ: MTCH).According to MTCH, it has generated 5.2 million relationships in the last four years through its brands.I have to admit, I was shocked when MTCH fell 22% the same day Facebook made its announcement. The two-day fall clocked in at a loss of 27%, or more than one-fourth of the company’s total value.In October 2010, Jiayuan started its wedding planning service Xique.com, which focuses on setting up the home with a variety of related services.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.