CBN -- Mar 29 -- A social institution from the early days of the Song Dynasty until the Communist Revolution in 1949, the matchmaker lost favor along with arranged marriages and other traditional customs. Chinese matchmaking has come back into fashion. There are now 20,000 matchmaking industries legally registered with the Chinese government. According to iResearch, the Chinese matchmaking industry in 2004 grossed ~$11 billion RMB (~$1.3 billion), exceeding the $1 billion matchmaking industry of the U.S. But unlike the U.S. industry, Chinese online dating sites only accounted for 0.3% of the market, but is expected to grow to 4% by next year. Match.com recently purchased Chinese site eDodo.com.
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