Chinese dating site ipo

The company has received over 80 million report messages and banned accounts on more than 3 million mobile phone devices, it said.

The WSJ report indicated that the online dating and hookup application "has been pushing to become a platform to help people with shared interests connect in locales across China" over the past year.

The issue is sponsored by CLSA, Goldman Sachs and Morgan Stanley.

The decision to list in Hong Kong rather than a mainland Chinese or U. stock market reflects the former British colony’s strong position as a financial center that straddles East and West.

Hong Kong is easily accessed by mainland investors, and also benefits from the territory’s common law and independent judiciary.

In finance circles, Hong Kong has been tipped to be the world’s leading IPO market this year, following a listings rule change specially made for tech companies that allows them to list shares with restricted voting rights.

Jiayuan said it operates the largest online dating platform in China and had more than 40 million registered users at the end of March.

Only 4.74 million of those user accounts were active, on average, during the first quarter of 2011 and less than 1 million of them were paying accounts.

Subsequent updated regulatory filings, after the company has met with institutional investors and gets closer to finalizing a date for the sale, will provide more detail.

The app is also trying to monetize based on its huge users group.

One of its mobile games have earned over 1.4 million register members, who now contribute as much as 12 million yuan (US

Subsequent updated regulatory filings, after the company has met with institutional investors and gets closer to finalizing a date for the sale, will provide more detail.

The app is also trying to monetize based on its huge users group.

One of its mobile games have earned over 1.4 million register members, who now contribute as much as 12 million yuan (US$1.9 million) to the company each month, Momo said in February.

As the app locates the positions of all the user members, once an app user refreshes his latest place, he is able to see a list of other users who are wandering around.

Despite the software claims its key features to assist users making friends and broadening their social networks, it has gained a salacious reputation today, as Chinese people tease it as "a magical tool to get laid".

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Subsequent updated regulatory filings, after the company has met with institutional investors and gets closer to finalizing a date for the sale, will provide more detail.The app is also trying to monetize based on its huge users group.One of its mobile games have earned over 1.4 million register members, who now contribute as much as 12 million yuan (US$1.9 million) to the company each month, Momo said in February.As the app locates the positions of all the user members, once an app user refreshes his latest place, he is able to see a list of other users who are wandering around.Despite the software claims its key features to assist users making friends and broadening their social networks, it has gained a salacious reputation today, as Chinese people tease it as "a magical tool to get laid".

.9 million) to the company each month, Momo said in February.

As the app locates the positions of all the user members, once an app user refreshes his latest place, he is able to see a list of other users who are wandering around.

Despite the software claims its key features to assist users making friends and broadening their social networks, it has gained a salacious reputation today, as Chinese people tease it as "a magical tool to get laid".

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