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First came Me Me Star, a short message-based chat forum that he sold to the Chinese telecom firm Sina.Following a one-year “lock-up period” imposed by Sina he set up a music sharing company that eventually pivoted to become Baihe.com’s shares dropped sharply on Wednesday after Su’s death sparked fierce online debate about whether dating sites should be held accountable for verifying members’ data, with many blaming for not doing so in Zhai’s case.The stock traded as low as 3.6 yuan, down 48 per cent, on the National Equities Exchange and Quotations, China’s over-the-counter stock market for start-ups.He said We Phone would suspend its services after his death.

Su Xiangmao, 37, the founder of the Skype-like We Phone app, killed himself last Thursday and left a note accusing his ex-wife of lying when they met through jiayuan.com’s VIP service and blackmailing him when their one-month marriage ended.“Jiayuan will closely watch the development of events and cooperate with related departments in investigations and evidence collection.” The company did not say whether Zhai’s information had been found to be genuine or not.Su Xianglong, the brother of Su, said on his verified Weibo account that Zhai had lied about her marriage history, while jiayuan had failed to verify her the information in her profile.In 2016, the industry’s market size reached 3.4 billion yuan, almost tripling 2014’s 1.2 billion yuan, according to a recent estimate by private research firm Analysys International.When it comes to dating, Chinese men are most interested in what women look like, while women want to know about a man’s income.

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