Wu Linguang, director and chief executive officer of Jiayuan, will serve as co-chairman and co-chief executive officer of the surviving company and Baihe will initiate its name-changing process, said a statement from Jiayuan.
According to industry data, Jiayuan has a 27.6 percent share of the Chinese dating market, followed by Baihe at 15.3 percent, at 14.9 percent and Zhenai at 14.2 percent.
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A booth of International Ltd at an international exhibition in Beijing.
The Nasdaq-listed and China's largest online dating platform has agreed to be bought by Baihe Network Co Ltd subsidiary Love World Inc and Future World Inc.
On completion of the deal, Baihe will have 220 million registered users and nearly 200 offline service centers, with annual revenue increasing to nearly 1 billion yuan.
According to its latest financial report for the third quarter ended Sept 30, Jiayuan's net revenues were 182.7 million yuan, a 13.1 percent rise year-on-year.
“**As far as people looking for the hook-up, we don’t play into that**,” Sangree explains.
“Jiayuan has a rep for serious online dating, and has done well very well with that.**In a roundabout way I’m a success story**." ##Love 2.0## [China Love Match](sa=t&rct=j&q=china love match&source=web&cd=1&ved=0CDo QFj AA&url= KTvmd Csqvi Qe_u63z Dw&usg=AFQj CNHo05v Jp C8c PBn Sc9e Qyev OUzq COA): "Beautiful Chinese Women and Pretty Chinese Girls" pretty much says it all.Six months ago they beta launched an English language spin-off, [Is This Fate.com]( which aims to connect Chinese people to English-speakers in China and around the world.It’s an important new option in the local mating game.** Online dating is big in China. sa=t&rct=j&q=iresearch&source=web&cd=1&ved=0CCQQFj AA&url= XKTt3MMYv Bi Qf-z4Tu Dw&usg=AFQj CNGn6Ae Vg Ft Y0a Tgst PNf Dy0IMm Whw) estimates the online dating pool here will hit 60 million by 2015.**[Jiayuan.com]( is China’s largest online dating service.