Chinese Online Dating Site Baihe Reportedly Planning $239m IPO


Chinese online dating site Baihe Online is apparently preparing a domestic IPO.

The site, which launched back in 2005, is looking to raise $239m, according to a report by investor Dahu Aquaculture.

Dahu was one of two companies disclosing capital investments in the online dating site.

Dahu Aquaculture invested around $4m in Baihe Online, with Shengda Mining funding the dating site with over $12m.

Baihe Online originated from social networking site, and is one of the largest online dating sites in China.

Around $3.5m of Shengda Mining’s investment will be added to Baihe’s registered capital, and the remaining will be used for daily operations and biz dev.

Shengda Mining received a 5.13% stake in Baihe, whereas Dahu Aquaculture received a 1.6% stake.

According to China-focused market research company Marbridge Consulting: “Baihe needs the funding to change company structure to meet standards for a domestic IPO and business expansion.”

Visit Baihe here.

Simon Edmunds

Simon is the former editor of Global Dating Insights. Born in Newcastle, he has an English degree from Queen Mary, London and after working for the NHS, trained as a journalist with the Press Association. Passionate about music, journalism and Newcastle United.

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