Online dating valued at US$4.5m (China Daily) Updated: 2006-06-26 08:45
Family values
For Gong, who set up Love21cn.com in 2003 in Shanghai,
the event was proof that she had made the right decision in venturing into the
dating market. Even though she met her husband online, she was not impressed
with most of the dating sites that existed at the time.
She said that
although she wanted to find a serious relationship and was not interested in
wasting her time, many others she encountered on the Web were looking for more
casual relationships.
"People will pay for a good relationship because
the Chinese value marriage a lot and are willing to pay to find the right
match," she said. "Time changes almost everything, but looking for romance,
choosing a spouse and getting married remains a core issue in Chinese
life.
"But how people acquire that information and make the decision has
altered greatly. China's matchmaking service has come a long way from the old,
conservative and single mode to the independent, open and diversified
mode.
"The evolution also mirrors the tremendous social progress China
has made."
Jason Tian chief executive officer of Baihe.com, which
claims to be China's largest online dating site said one of the biggest
challenges facing the industry in China was when users of Internet dating sites
become the victims of crime, such as physical attacks and fraud involving people
they have met online.
"Things like this will hurt the industry, and that
is one of the challenging things we are facing," Tian said. "But things like
this are common issues that happen even without serious online dating
websites."
Although online dating services have existed in China for
several years, websites that focus on providing serious relations came into
operation only about two years ago.
"Before 2004, there were almost no
significant players in this area, but things have begun to change," Tian said.
"There are more and more players developing new projects, and there is a lot
more marketing, so we are seeing a big jump in users.
(For more biz stories, please visit Industry Updates)
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