Jiayuan International Ltd., operator of the largest online dating platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2011.
Net revenues for the second quarter of 2011 were RMB83.3 million
(US$12.9 million), representing a year-over-year increase of 121.0%.
— Operating income for the second quarter of 2011 was RMB6.1 million
(US$0.9 million), representing a year-over-year increase of 132.2%.
Excluding share-based compensation, non-GAAP(2) operating income for the
second quarter of 2011 was RMB26.3 million (US$4.1 million),
representing a year-over-year increase of 567.9%.
— Net income attributable to Jiayuan for the second quarter of 2011 was
RMB1.4 million (US$222,000), compared to a net income attributable to
Jiayuan of RMB721,000 for the corresponding period in 2010. Excluding
share-based compensation, non-GAAP net income attributable to Jiayuan
for the second quarter of 2011 was RMB21.6 million (US$3.3 million),
representing a 965.1% year-over-year increase.
— Jiayuan had 5,429,176 average monthly active user accounts(3) during the
quarter, an increase from 3,686,260 in the corresponding period in 2010.
The number of average monthly paying user accounts in the second quarter
of 2011 was 1,139,171, representing an increase of 130.1% from 495,036
average monthly paying user accounts in the corresponding period in
2010.
SNAP Interactive, Inc., a leading social application developer with over 49 million installs across its properties, announced that revenue increased 288 percent to $4,826,723 while net loss increased to $632,868. AreYouInterested.com added more than 10 million new installs during the quarter. More information.
Wingman Businesses Cash in on Men’s Dating Dilemmas. Interesting look into the coaching and pickup-artist business. $300 an hour to learn how to pick up women, nice business model. I introduced Thomas to his girlfriend, maybe I should be a matchmaker.
Rounds Entertainment Platform surpasses 1,000,000 monthly active users, adds recording capabilities to the application. Rounds partnered with Screenr for this new feature, which will enable users to record and save the meaningful interactions they create on Rounds, and share them with their friends and networks. Users will be able to enter their recordings into competitions as well as publish and share their creations for public feedback.
This is similar to what Zoosk did a few years ago. I question the phrase “meaningful interactions”, we’ll see what the most popular clips turn out to be. I bets its not going to be full-clothed debates about the debt ceiling.
I like the Rounds concept (social as opposed to 100% dating) and a the fact that Rounds users are now participating in over 650,000 daily video chat sessions is impressive.
If you like social environments like Rounds, also check out Flowbar.
Image: LinkedIn has started putting people in job positions at companies they follow.
