PAG Acquires Control of ZHENAI.COM, China’s Largest Online Matchmaking Business

Zhenai Inc.

Shenzhen, China (November 20, 2017)

Zhenai Inc., China’s largest online matchmaking and dating service provider, announces that PAG, one of the largest investment firms in Asia, has closed the acquisition of a super-majority controlling interest in Zhenai. The transaction size is not disclosed.

Founded in 2005 by Dr. Li Song, a successful entrepreneur, Zhenai has grown to become a leader in the online and offline dating and matchmaking business in China. It currently serves over 140 million registered members and it is expected to generate revenues of more than RMB1.6 billion (US$240 million) and net profit... (Read More)

Frank Au