BEIJING, May 29, 2015 /PRNewswire/ -- Jiayuan.com
International Ltd. ("Jiayuan" or the "Company") (NASDAQ: DATE),
operator of the largest online dating platform in China, today
announced that the special committee (the "Special Committee") of
the Company's board of directors (the "Board"), which was formed to
review and evaluate the non-binding proposal letter, dated
March 3, 2015, from Vast Profit
Holdings Limited ("Vast Profit") that proposes a "going-private"
transaction involving the acquisition of all of the outstanding
ordinary shares of the Company not already owned by Vast Profit,
has received and is evaluating additional non-binding proposals
regarding a potential transaction regarding the Company.
The Board cautions the Company's shareholders and others
considering trading in the Company's securities that no decisions
have been made by the Special Committee with respect to the
Company's response to any proposal and there can be no assurance
that any definitive offer will be made, that any agreement will be
executed or that any transaction will be approved or
consummated.
About Jiayuan
Jiayuan.com International Ltd. ("Jiayuan") (NASDAQ: DATE)
operates the largest online dating platform in China. Jiayuan is committed to providing a
trusted, effective, and user-focused online dating platform that
addresses the dating and marriage needs of China's rapidly growing urban singles
population. As a pioneer in China's online dating market, Jiayuan ranks
first in terms of number of unique visitors, average time spent per
user and average page views per user among all online dating
websites in China in 2014,
according to iResearch. Jiayuan recorded an average of 5.4 million
monthly active user accounts in the fourth quarter of 2014. Every
two of Jiayuan's American Depositary Shares represent three
ordinary shares.
For more information, please visit http://ir.jiayuan.com.
Forward-Looking Statements
This press release contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements.
Jiayuan may also make written or verbal forward-looking statements
in its periodic reports to the U.S. Securities and Exchange
Commission, in its annual report to shareholders, in press releases
and other written materials and in verbal statements made by its
officers, directors or employees to third parties. Statements that
are not historical facts, including statements about our beliefs
and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: our growth strategies; our future
business development, including development of new products and
services; our ability to attract and retain users; competition in
the Chinese online dating markets; changes in our revenues and
certain cost or expense items as a percentage of our revenues; the
outcome of any litigation or arbitration; the expected growth of
the number of Internet and broadband users in China; Chinese governmental policies relating
to the Internet and online dating websites and general economic
conditions in China and elsewhere.
Further information regarding these and other risks is included in
our documents filed with the U.S. Securities and Exchange
Commission. Jiayuan does not undertake any obligation to update any
forward-looking statement, except as required under applicable law.
All information provided in this press release is as of the date of
the press release, and Jiayuan undertakes no duty to update such
information, except as required under applicable law.
For investor and
media inquiries, please contact:
|
|
China
|
|
Shirley
Zhang
|
Jiayuan.com
International Ltd.
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+86 (10)
6442-2321
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ir@jiayuan.com
|
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Mr. Christian
Arnell
|
Christensen Investor
Relations
Mr. Christian
Arnell
|
+86-10-5900-1548
|
carnell@christensenir.com
|
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US
|
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Ms. Linda
Bergkamp
+1-480-614-3004
Email: lbergkamp@Christensenir.com
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SOURCE Jiayuan.com International Ltd.