NASDAQ-listed Chinese dating site Jiayuan.com International Ltd., backed by Qiming Venture Partners, has agreed to be acquired and privatized by a subsidiary of rival Baihe Network Co., Ltd in a deal that values the former company at around US$250 million. In an announcement, Baihe Network, which just completed a listing on the China's National Equities […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.