Saturday, December 13, 2014

Chinese Dating Site Jiayuan.com (DATE) Earnings Analysis

China's largest online dating platform, Jiayuan.com International Ltd (NASDAQ: DATE  ) , is very much a company in transition and its latest earnings report reflects the changes afoot. Essentially, the company is in the process of redesigning and relaunching its mobile offering in December, and the company is looking forward to increasing the monetization of its mobile platform. Unfortunately, this shift has somewhat skewed the key metrics at the company. Here is a look at its third-quarter results, reported this morning.




Before going into detail, readers should note that Jiayuan is a Chinese company and primarily reports in RMB. All the numbers in this article will be quoted and calculated in RMB, unless otherwise stated.




READ THE FULL EQUITY RESEARCH ARTICLE LINKED