MAUs of leading mobile dating and matchmaking apps in China H1 2022
As of the first half of 2022, Lovelink, formerly known as Baihe Jiayuan, remained its throne in China's dating and matchmaking app market, adding one million users within six months to reach 7.9 million monthly active users. Zhen'ai also saw a user growth to six million. Other major domestic competitors, like Yidui, Wei'ai, and Duiyuan followed with a large margin. Many well-established wedding planning companies in China have launched their own dating apps.
Although Baihe Jiayuan doubled its revenue on the previous year in 2018, the enterprise reported a net loss three years running between 2015 and 2018, and its total monthly active mobile userbase fell to below five billion in September 2019. A month later, the matchmaker announced that it would terminate its listing on the Chinese stock market to optimize its capital, followed a rebrand into Lovelink in May 2022. Meanwhile, its major domestic contenders Zhen'ai and Youyuan had also experienced sales losses in recent years and hindrances in the attempt of going public.
Online dating: a pink bubble business?
In spite of a large userbase, the online romance business is not always profitable in China. Baihe was one of the country’s largest dating platforms that covers an array of services, from online matchmaking and offline events, to wedding planning services. In 2015, the enterprise merged with Jiayuan, its closest rival at the time, further consolidating its dominant position in the market with over six million combined monthly active mobile users in 2018.Although Baihe Jiayuan doubled its revenue on the previous year in 2018, the enterprise reported a net loss three years running between 2015 and 2018, and its total monthly active mobile userbase fell to below five billion in September 2019. A month later, the matchmaker announced that it would terminate its listing on the Chinese stock market to optimize its capital, followed a rebrand into Lovelink in May 2022. Meanwhile, its major domestic contenders Zhen'ai and Youyuan had also experienced sales losses in recent years and hindrances in the attempt of going public.
