NEW YORK - top online dating site China, Jiayuan, seeks to increase by almost 78 million $ with an initial public offering on Wall Street Wednesday.
Jiayuan.com, a deposit on the site Web of Nasdaq, plans to issue shares of 7.1 prices between $10 and $12 million each. It will be cited under the symbol "DATE".
Jiayuan is the last company Chinese Internet turn to U.S. capital market, where investors were not hésités to align interests in technology companies based in the fastest growing major economy of the world.
China also has number of Internet users in greater world at least 457 million users.
Last week, Renren, a considered response from China to Facebook, social network made its debut on Wall Street trading under the symbol "renn."
Renren shares were offered at $14 and closed at $14.75 per Tuesday after rising as high as $24 the week last trade.
Jiayuan, an iResearch study found that he commanded a share of 43.7% of the total amount of money spent in the Chinese online dating market last year.
Jiayuan described himself as a pioneer of meeting online "committed to the needs of the dating and singles marriage of China in rapid growth of urban population by providing a reliable and effective platform.
The Beijing-based company claims a total of 40.2 million and 4.7 million active users registered user accounts.
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