Category: All Worldwide (non UK/Euro/US)

Chinese Video Dating App Yidui Secures $10M

Posted on December 10, 2019

Yidui iconDEAL STREET ASIA – Sep 9 – Video dating app Yidui has raised $10M in Series A+ round from XVC. The dating app is operated by Beijing Milian Technology & Trade. It has closed Series A round funding from BlueRun Ventures. Milian Technology, which launched the dating app in 2018, claims to have 10K+ active profiles currently. By the end of 2019, Milian Technology is targeting to cross 1B yuan ($142M) turnover mark.

See full article at Deal Street Asia

This post also appears on InternetDatingInvestments.com

Momo Announces Q3 2019 Financial Results

Posted on November 27, 2019

Momo logo 2018PR NEWSWIRE – Nov 26 – Momo's net revenue increased by 22% YOY to $622.8M. Net income attributable to Momo is $125.1M. Monthly Active Users on Momo app were 114M in Sep 2019, compared to 110M in Sep 2018. Total paying users were 13.4M. Live video service revenues were up 18% to $458M. Value-added service revenues mainly include virtual gift revenues and membership subscription revenues. Total value-added service revenues were $148.9M, up 86% YOY. Mobile marketing revenues increased 30% $11.5M.

See full article at PR Newswire

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Tantan Matches Users With Blurred Photos

Posted on November 27, 2019

Tantan flat chat featureABACUS NEWS – Nov 26 – Chinese Tantan has introduced a new feature called "Flash Chat" that matches people who are active. Their profile pictures are blurred out for the first 20 messages. Tantan now claims ~3M users.

by Josh Ye
See full article at Abacus News

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A S’porean Invested $160K to Develop an ‘Instagram for Dating’

Posted on November 25, 2019

Klick screenshotsVULCAN POST – Nov 25 – Singaporean Nelson Tan has launched a dating app Klick which he describes as an "Instagram for dating". Klick lets users showcase their personality through photo posts. Fortunately, Nelson managed to get his wife on board his mission, asking if she would rather spend on a wedding dinner where guests would have forgotten about by the next week, or use the money to create this app. They invested $160K. Since the app's official launch on Valentine's Day this year, Klick has gotten ~3K users to date. As for his monetisation strategy for Klick, Nelson shared that "unlike 'free' dating apps that require payment to chat, post, or browse, he wanted Klick to be really free". He is currently "working on unobtrusive in-app ads".

by Melissa Chan
See full article at Vulcan Post

Tencent Has a New Tinder-like Dating App

Posted on November 22, 2019

Tencent QingliaoABACUS NEWS – Nov 21 – Tencent, operator of China's social network app WeChat, is ramping up its push into dating with a new Tinder-like app. Qingliao, meaning light chat in Chinese, is now allowing users to sign up when they request an invitation code on WeChat by submitting a photo and listing their occupation or school. The new app works similarly to Tinder and Tantan, but without the swiping. Users have to tap a heart or an X to anonymously like or pass on other users. When two users like each other, they're matched up and can start chatting. And unlike Tinder and Tantan, Qingliao limits the total number of profiles users can see within a certain time period. Men are shown 15 profiles every 18 hours and women can see 22.

by Xinmei Shen
See full article at Abacus News

Tinder Introduces New Feature for Dating at Events in India

Posted on November 19, 2019

Tinder festival modeINC42 – Nov 18 – Tinder is launching a new in-app feature, Festival Mode, in India. Users can now add a badge to their profile highlighting their planned festival destination so they can match and chat with other users attending the same event before they arrive. Tinder had first introduced Festival Mode in May 2019. Since then it has enabled such dates across events such as EDC Las Vegas, Bonnaroo, British Summer Time and EDC, Orlando.

by Bhumika Khatri
See full article at Inc42

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Momo Is Introducing Lower Tier Cities Dating app

Posted on November 18, 2019

Momo Qianshou LoveSEEKING ALPHA – Nov 18 – Momo recently introduced Qianshou Love, a new app designed for lower tier cities. Qianshou Love is available only via app stores owned by Xiaomi, Vivo and Oppo smartphones. This makes sense as these smartphone brands are favorite amongst lower-tier city users due to competitive specs and low price point. Qianshou is more suitable for the latter stage where marriage is the objective. In terms of monetization, Qianshou Love has multiple levers to encourage in-app spending. Every day, 15 free recommendations are sent to the user, after which the user will have to pay for additional matches. VIP service is also available where the user can receive 20 matches per day with 3x more likelihood to connect with a potential match.

See full article at Seeking Alpha

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Chinese Spend $30B on Singles’ Day

Posted on November 12, 2019

China singles dayTELEGRAPH.CO.UK – Nov 12 – Alibaba said sales for its annual Singles' Day shopping blitz have exceeded $30B, putting the event on track to set a record in its 11th year. The figure is equivalent to ~80% of Amazon's sales in its most recent quarter. Singles day or Guanggun Jie (Nov 11) is a shopping holiday popular among young Chinese people that celebrate their pride in being single. Alibaba turned China's informal Singles' Day into a shopping event a decade ago and built it into the world's biggest online sales fest.

See full article at Telegraph.co.uk

Tencent Launches a Video Dating App

Posted on November 8, 2019

Tencent maohu screenshotsKR ASIA – Nov 8 – New video-calling app Maohu comes as Tencent competes against ByteDance and Kuaishou for short video dominance. Maohu allows users to choose beautifying filters or put on cartoon masks when connected with friends and people nearby. The app matches users, based on location and interests. Men are required to take off masks to send a friend request and can only get three matches per day, while women don't have these limitations.

See full article at Abacus News

Korean Dating App Chemi Uses AI Voice-based Algorithm

Posted on October 31, 2019

Chemi screenshotKOREATECHDESK – Oct 30 – Korean startup HAII (Human-AI-Information) has launched Chemi that uses AI to match singles with the right person by using AI to analyze the characteristics of the voice.

See full article at KoreaTechDesk