French dating site meetic to inject $20 million fortune

According to have ten days of Spring Festival, is Chinese people are busy in preparation for the holidays, a huge amount of financing from Europe also quietly entered China SN market. The author from eFriendsNet market department, this financing involving an amount equivalent to more than 20 million dollars, at present, all the formalities have been completed, the funds have also been successfully injected efriendsnet. Although can not be compared and portals hundreds of millions of investment, but still so far, once financing the biggest event in the field of domestic SN, marking the Internet community development has entered a period of rapid, and pursued by investors because of the good prospects.

Drovine Vc firm (Jovan Ventures) founder and chairman Xu Jiarong (Jovan Xu) said in an interview, the financing of investment from European Internet predators, from initial contact to complete transfer funds in just 3 months time, the whole process is very smooth, he himself in the process of financing on behalf of the original shareholders, eFriendsNet actively promote the financing process, and the final completion of the equity transfer. It is understood that the Zhuo venture capital originated overseas in recent years, active in the large Chinese area IT area of investment, has invested in more than successful Internet companies, including fortune. Mr. Xu I besides once successfully participate in eBay (now eBay China), also served as a director in efriendsnet.

SN (Socail Networking), which is a social network, it will transfer the reality of social relations in the network, network is considered to be the most promising future profit model, because SN makes people more closely, the flow of products is more reliable. Mr. Xu said, to change the process of WEB2.0 in WEB1.0, SN is a typical WEB2.0 mode, people realize the interpersonal relationship in real life in the network, and the application of network technology to the scale, making this relationship become profitable channels.

Xu believes that the investment is in the website SN model many quickly selected eFriendsNet, because of the rapid development of efriendsnet. Founded in 2003 by the end of eFriendsNet, after the establishment of only 1 years to achieve profitability, in August 2005, global IT, eFriendsNet selected famous financial magazine "Red Herring" named "Asia's most development potential of the 100 enterprises", in December 2005, and through the study of authoritative Internet research firm iReaserch, among the best in the world social networking service ranking, and won the "China Internet innovation 50" title. At the same time, eFriendsNet also has its own expertise in wireless value-added services, with independent R & D capability, and related operating license, interactive online and offline business development have more space.

For the use of funds in place, eFriendsNet CEO Ma said, will invest a lot of manpower and resources in product development, better in dating integrity, security services are perfect, aiming at the existing problems of public trust, online dating, the introduction of more stringent security certification; in addition, the development of products line to the comprehensive development, the development of more products in the wired and wireless and cooperate with each other; a low-key eFriendsNet will do more work in the brand promotion and market development, establish their own corporate image.