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In response to the tragedy, issued a statement last weekend on its official Weibo account.
“After verifications, [we found that] the late We Phone founder Su Xiangmao and his ex-wife Zhai Xinxin are both jiayuan.com’s members and have completed real-name authentication respectively, ” the statement said.
Jiayuan has more than 170 million registered users and 107 physical stores providing matchmaking services.
In December 2015, Baihe acquired the Nasdaq-listed firm in a deal that valued it at about US0 million.
It later recovered some ground, closing 19 per cent lower at 5.68 yuan.
On Thursday morning, the stock fell further, down 37 per cent to trade at 3.6 yuan.
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.
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