(Online Dating Industry Journal) According to China View, the online dating market in China is expected to reach 653 million yuan, the equivalent of about $81 million, by 2008. This would be an annual growth rate of 60 percent, according to an iResearch report. Representatives from iResearch were scheduled to speak at the second annual Asian Internet Dating Conference (iDate2006) on May 18-19, 2006 in Beijing and released the report during the conference.
From the article:
"The report values the online dating market at 37 million yuan (some 4.5 million dollars) for 2004 and 91 million yuan (11.2 million dollars) for 2005 and predicts it will grow to 653 million yuan, 4.8 percent of the entire dating market in China.
"In comparison, the US market was 520 million dollars for 2005, and the European market was 110 million dollars, both expanding at double-digit rates, the report said."
Kim's Comments:
China is increasingly being recognized as a huge market for a variety of business ventures and, with a country-wide population of over 1.3 billion people, online dating has a bright future as it becomes more widely accepted by the younger Chinese online culture.
Dating sites like eFriendsNet Entertainment, a Beijing-based social netwo rking service company, will reap some of the largest benefits of this expected growth. eFriendsNet launched their dating site way back in January 2004 and, because they have developed a stronghold on the market at such an early stange, they have a great advantage and major upper hand as growth continues. In fact, eFriendsNet is, according to press materials, the largest and fastest growing online dating platform in greater China, using internet as well as mobile technologies to attract users.
Interesting to read:
PATTERNS AND UNIVERSALS OF ADULT ROMANTIC ATTACHMENT ACROSS 62 CULTURAL REGIONS Are Models of Self and of Other Pancultural Constructs?"
JOURNAL OF CROSS-CULTURAL PSYCHOLOGY, Vol. 35 No. 4, July 2004 367-402
http://www.bradley.edu/academics/las/psy/pdfs/schmitt%5B1%5D%5B1%5D.etal.2004.romatt.jccp.pdf
"Abstract:
As part of the International Sexuality Description Project, a total of 17804 participants from 62 cultural regions completed the Relationship Questionnaire (RQ), a selfreportmeasure of adult romantic attachment. Correlational analyses within each culture suggested that the Model of Self and the Model of Other scales of the RQ were psychometrically valid within most cultures.
Contrary to expectations, the Model of Self and the Model of Other dimensions of the RQ did not underlie the four_category model of attachment in the same way across all cultures. Analyses of specific attachment styles revealed that secure romantic attachment was normative in 79% of cultures and that PREOCCUPIED ROMANTIC ATTACHMENT was particularly prevalent in East Asian cultures. Finally, the romantic attachment profiles of individual nations were correlated with sociocultural indicators in ways that supported evolutionary theories of romantic attachment and basic human mating strategies."
and also
Different from other countries, where women population are nearly 1.15 times the men population (there is always more women than men) Chinese Population will be severe unbalanced until next / for to 20 years. (until 2025)
There will be nearly 40 million men more than women!!!!
There will be nearly 40 million single-men looking for single-women.
Perhaps they will have to contact non-Chinese women.
They will need interracial/international dating!
Kindest Regards,
Fernando Ardenghi.
Buenos Aires.
Argentina.
[email protected]
Posted by: Fernando Ardenghi | May 21, 2006 at 09:41 PM
"the Chinese online dating market could reach $82-million (about R543-million) in 2008."
I personally estimate the actual Latin American online dating market (Brazil, Venezuela, Argentina, Chile, Peru, Bolivia, Paraguay, Uruguay, etc) over USD $100 million!!!!
Kindest Regards,
Fernando Ardenghi.
Buenos Aires.
Argentina.
[email protected]
Posted by: Fernando Ardenghi | May 25, 2006 at 01:59 PM
I suppose this situation shows that chinese people become more attracted by internet options. Besides this sphere should be very popular. Chinese are many and Internet is ready to take them all;)
It's a great opportunity for investors abroad cause they can use already tested technologies at a Chinese online market. It's very perspective.
Posted by: Julia Dorofeeva | May 26, 2006 at 09:18 AM