Chinese online dating market
Dating app Momo, China’s answer to Tinder, has been a popular dating app among the country’s singles with a record 75 million users.
But in recent weeks, Momo seems to be expanding out of the dating business and into something more lucrative.
This dating site has been publicly traded on the American Nasdaq stock exchange since April 2011. Not only are men over 30 referred to as “leftover men,” but women in their late 20s are also considered to be “unwanted dogs” and can be referred to in terms such as “old aunt.” China has tens of millions of men without any realistic prospect of finding a wife, thanks to the one-child policy imposed by the government which resulted in the large scale abortion of girl fetuses.
Even so, women are in general much more active in seeking a partner, according to “The Chinese are highly conscious about the need to get married.
On the way to the park, Dela Cruz asked his instructor how the Chinese court, which led to the instructor spilling the beans on the surprise.
For those keeping an eye on China's economy, it's clear the country is suffering from oversupply it doesn't know how to deal with—but not just in steel and coal.