Baihe Resumes IPO Preparations

MARBRIDGE CONSULTING - Jan 25 - Baihe Online, the operator of Beijing-based online dating site Baihe, has commissioned an unnamed accounting firm to begin an audit of the company in anticipation of resuming the company's IPO application. Baihe added 12M new users in 2012, an increase of 300% YOY. The company reached operational profitability during the year. Baihe CEO Tian Fanjiang did not deny IPO rumors.

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