THE MARKET HERALD – Feb 14 – Love Group Global has reported it has been hacked, with the offender accessing the server and CRM files. The online dating provider did not specify how many clients had been impacted or which services they were using. Love Group has a range of dating services from free online dating to premium matchmaking such as Lovestruck and Noonswoon. Love Group has reported the incident to the Hong Kong Police and the Office for the Privacy Commissioner for Personal Data in Hong Kong.
Category: Noonswoon
Love Group Reports Record Quarter
OPW – July 28 – Love Group has a portfolio of online dating platforms, including Lovestruck, DateTix and Noonswoon. Currently the vast majority of the company's online dating revenues come from Lovestruck, which charges subscribers a fee that ranges from $25 to $75 per month. The DateTix and Noonswoon apps are freemium based apps. The Love Group ended fiscal year 2017 with a record quarter ($1359K in cash receipts, up 95% compared to the previous quarter).
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Hong Kong’s DateTix Bought Thailand Dating App Noonswoon
by Kevin McSpadden
See full article at E27
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This post also appears on InternetDatingInvestments.
Fierce Competition Between Dating Apps In Asia
SEA GLOBE – Feb 24 – Southeast Asian users have caught on to the mobile dating trend, with local dating apps – such as Thailand-based Noonswoon, Peekawoo in the Philippines, Indonesia's Wavoo and Singapore's LunchClick. Paktor is one of Asian's biggest dating apps, boasting 6M users in six key Asian markets. Competition is fierce. Paktor is the only dating app out of 13 that entered the Southeast Asian market at the same time that is still standing. Capturing market share in Southeast Asia involves understanding the social norms of each country. While most of Paktor's advertising in Singapore appears online, regional marketing director Shn Juay says the company adopted a different tack in Indonesia. "We go into university campuses and identify people who could be influencers. We let them try the app, and then share it through word of mouth."
Noonswoon Interview With CEO Peter Panas
OPW INTERVIEW – Oct 8 – Noonswoon is a mobile dating app that launched in Thailand this year. Noonswoon is a winner of 2013 AIS startup contest, and has recently raised $400K. Here is our interview with CEO Peter Panas. – Irena Brooks
What is Noonswoon's founding story? What is your background?
Mickey Asavanant and I co-founded Noonswoon in 2013. We're both still single and personally motivated to build a dating company that doesn't suck. Mickey previously co-founded a dating company which grew to 2.5M users and is now part of the Match.com family, and I've been working in product management at larger Internet companies, e.g. Priceline, Yahoo, Amazon, MySpace.
How does Noonswoon works? Would you say Noonswoon is Asia's CoffeeMeetsBagel?
Noonswoon introduces singles to one quality match per day. CMB is probably one of the more similar western dating companies, but our functionality is geared much more toward the needs of an Asian audience. The goal of finding love remains the same.
What's your business model?
We're still optimizing the business model, but in essence users pay to be introduced to other quality singles.
How many active users do you have?
40K. We see ~1k new users per day.
How do you spread the word about Noonswoon?
Our users are our top evangelists spreading the word about Noonswoon.
Who do you consider to be your biggest competition in Thailand?
We don't really have any serious direct competition here. The local market is primarily still comprised of offline dating agencies.
Have you launched in other Asian countries?
Not yet.
What's the market like in Thailand? What is the biggest difference between US and Asia?
Dating culture in Thailand is still very different from the US and Europe. Asians place much more importance on privacy.
Congratulations on the $400K funding. What is your plan on using the money? What is your priority?
Hiring the smartest people on the planet to join our team.
Where do you want Noonswoon to be in the next 18 months?
We want to establish Noonswoon as the leading dating company in Asia.
Thai Dating App Noonswoon Raised $400K
TECH IN ASIA – Sep 24 – Noonswoon, the winner of a recent AIS startup contest, raised $400K from various investors. Noonswoon is not the only dating app available in Southeast Asia. There’s Paktor in Thailand, Avalable in Thailand, and SingleAroundMe in Singapore.
by Saiyai Sakawee
See full article at Tech in Asia
This post also appears on InternetDatingInvestments.