Even the government sees helping men find love as a priority.
Last month the People’s Daily newspaper warned that “social harmony and stability” could be threatened if millions of rural men were unable to find partners.
Laura He is a senior correspondent based in Hong Kong.
She covers capital markets and business in Greater China, including IPOs, secondary markets, private company fundraising and other corporate news in the financial and tech sectors.
“Jiayuan will closely watch the development of events and cooperate with related departments in investigations and evidence collection.” The company did not say whether Zhai’s information had been found to be genuine or not.
Su Xianglong, the brother of Su, said on his verified Weibo account that Zhai had lied about her marriage history, while jiayuan had failed to verify her the information in her profile.
It later recovered some ground, closing 19 per cent lower at 5.68 yuan.
In December 2015, Baihe acquired the Nasdaq-listed firm in a deal that valued it at about US0 million.Dating is big business in China, a country that is reputedly home to some 180 million single people.Early this year the founder of one of China’s biggest online dating sites – – told local television his company was making annual profits of around £20 million from its 36 million registered users.Su, from Beijing, leaped to his death from an apartment building roof after uploading his suicide note to Google .In it, he claims Zhai, whom he had married after dating for two months, drove him to despair by demanding 10 million yuan from him in return for her silence over taxes she said he owed.