Capitalizing on love pays dividends
China Daily | Updated: 2009-02-13 07:53
According to a report from Shanghai-based iResearch, the annual revenue in 2008 of the online dating market in China was estimated at 653 million yuan ($95.6 million).
However, not all of the companies made profits from the red-hot market, says Xu Bin, an analyst at iResearch.
Compared to the mature online dating companies abroad, for instance E-harmony and match.com, the Chinese online dating industry has been developing for just six or seven years.
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