China dating site ipo

That would make the Match Group worth .1 billion.

No doubt there's big money in online dating, which has seen dramatic growth over the past decade as more people seek a date by going online instead of heading to a bar or a nightclub, and Match boasts some of the best-known sites in the business.

china dating site ipo-81china dating site ipo-4china dating site ipo-87

To verify a photo, users are asked to take a video selfie in order to record their appearance from multiple angles.

Zoosk moderators then determine if the user's profile photo and video match.

The IPO may have been successful, but it has created troubling concerns.

In November 2015, the Match Group, a Dallas-based company comprised mostly of online dating websites, completed an Initial Public Offering worth $460 million.

The Chinese logistics market has been expanding rapidly, driven by explosive e-commerce growth.