IAC-backed online dating platform Zhenai is in talks to go public through a reverse merger with Shenzhen-listed aircraft parts maker DEA General Aviation.
Zhenai, a China-based online dating platform backed by internet company IAC, is planning a listing via a reverse merger with aircraft parts manufacturer DEA General Aviation, China Money Network has reported.
Founded in 2005, Zhenai now has more than 100 million registered members across China, up from 30 million in 2011 when IAC acquired a 20% stake in the company for an undisclosed sum through one of its own online dating subsidiaries, Match.com.
DEA, a Shenzhen-listed manufacturer of home appliances…
