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They are too busy, so almost don’t have ways to meet people offline,” he said at Tech Crunch Shanghai last year.He says his company offers users a way for more introverted users to meet new people, and in doing so, tackle the concerns of there being too many singles.In 2013, the total revenue for the sector was RMB 1.93 billion.This more than doubled to RMB 4 billion at the end of 2017 and is expected to reach over RMB 5 billion by 2020.“[The] newly-born population during 1982-1997 shows that demand for marriage will remain high in the next 5-10 years.Users are expected to supply their real names, information relating to property and car ownership, educational qualifications, employment details, household registration (The service, founded in 2005, claims to have over 100 million users.It also operates an online-to-offline (O2O) service in which its users can make use of its many physical stores for matchmaking purposes and links “In the future, the Baihe website will not only be a matching service provider, but also extend to all business areas related to love and marriage, including consulting, consumer services, financial services, and media offerings.”.Making up 20% of China’s population, this group is just reaching (or about to) the legal marriage age—22 years old for men and 20 years old for women.Today’s youth feel the same societal pressures that weighed on their parents.

The company claims to achieve this by introducing psychology into the field of matchmaking. Founder Wang Lifan noticed the difficulty her single friends had finding partners and decided to start an online matchmaking service.

It claims to have over 170 million users and operates offline stores in 71 cities, making it the biggest online dating site in the country.

The website was founded in 2003 by Fudan University student Gong Haiyan after she failed to find a partner through already existing dating sites.

Liu says that although he would like to meet people at a bar or coffee shop, using an app allows access away from social events.

“Real places would be better, but apps are more convenient. The increase in active users has quickly filled bank accounts.

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