E27.CO – Sep 12 – M17 Entertainment, a merged company between Singapore-based dating platform Paktor and Taiwanese video streaming platform 17 Media, has officially launched an office in Japan. The 17 Media app is currently ranked 11th in the social networking category on Japan's App Store. "Unlike Taiwan, Japan's live-streaming market is still very young with plenty of room for growth. It's the perfect timing for 17 Media to go into Japan now", said M17 Entertainment co-founder and CEO, Joseph Phua. M17 Entertainment claimed it reaches ~30K users live-stream on the platform each day, and globally, it has ~30M users.
by Yon Heong Tung
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Summarized by the Courtland Brooks team