JD Capital and Baihe.com Set Up Joint Investment Fund

2017-02-28

Recently, Baihe.com (834214.OC), a leading online dating website listed on the NEEQ, announced its plan to found a joint investment fund with JD Capital. The fund will be used for investment in or M&A of enterprises engaged in the dating and wedding industry.XKw九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

With this fund, JD Capital and Baihe.com target at fostering an industrial bellwether by integrating resources along the chain of the dating and wedding industry.XKw九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

In May 2016, Beihe.com merged with Jiayuan.com (another famous dating website) through Tianjin Xingfu Shidai Enterprise Management Co., Ltd., a stakeholder of Baihe.com. The marriage between the two made them an absolute industrial leader with a combined market presence of nearly 50%. While giving Baihe.com a big leap in horizontal expansion, the merger has also brought it to hit the growth ceiling. It is under such circumstances that Baihe.com chooses to jointly launch a M&A fund with JD Capital, so as to continue its growth by expanding downstream businesses, and thus upgrading Baihe.com from a dating website to an enterprise boasting a full range of services for dating and wedding.XKw九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

The dating and wedding market holds perfect opportunities for M&A. As an upstream industrial leader, Baihe.com boasts massive internet traffic. Also, by diversifying its service lines from just matchmaking, Baihe.com greatly expanded its customer life cycle, giving it great potential for long-term profiting. All these have made Baihe.com the optimal partner of JD Capital in its endeavor to integrate the dating and wedding market.XKw九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

With the establishment of the fund, JD Capital and Baihe.com will cooperate with or take stock in wedding-related companies. The aim is to usher in the era of integration in the dating and wedding industry as well as build a flagship enterprise of the entire industrial chain.XKw九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

In the future, Baihe.com will not only be a starting point of romantic relationships, but a witness of new couples starting their happy life.XKw九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

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