Jiayuan Gains 5.3 Million New Users in Q2 with Net Income of Over US$ 222,000

Jiayuan, the Chinese dating site which just got listed on Nasdaq couple months ago, released its unaudited financial results for Q2 2011 with net income of  over RMB 1.4 million (US$222,000) on net revenue of RMB 83.3 million (US$12.9 million).

During the quarter Jiayuan had over 5 million average monthly active user accounts with approximately 5.3 million new users acquired and total use accounts of nearly 45.5 million as of late June.

After the financial results, Merrill Lynch released a research report crediting the strong performance to its brand recognition after IPO and forecasted an market increase in Q3 due to strong increase in user numbers

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