Category: Paktor

Asia Grows Richer But Lonelier

Posted on July 16, 2015

Paktror screenshotSCMP.COM – July 15 – The Asian dating apps market is growing. Paktor, a matchmaking app similar to Tinder, has just raised $7.4M. Paktor said it will use the money to attract more users in Japan and South Korea and expand beyond dating into platonic matchmaking. Recent studies suggest there is a growing demand for meeting new people with similar interests. In South Korea, loneliness is now so entrenched it has become fodder for public entertainment. This is highlighted by the growing trend of mukbang ("eating-broadcast") shows in the country, where people live-stream themselves wolfing down family sized dinners to audiences nationwide.

by Tim Chen
See full article at SCMP.com

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Summarized by Courtland Brooks Internet Dating Marketing Consulting

Paktor Lands $7.4M To Go Beyond Dating And Into Friendships

Posted on July 14, 2015

Paktor logoTECH CRUNCH – July 14 – Paktor, a service focused on Southeast Asia, has closed $7.4M Series B round that will go towards expanding its userbase and developing beyond dating to social discovery. Paktor raised $3M last Nov. Its registered userbase rose from 1.5M in Nov to ~5M today. Southeast Asia and Taiwan are their biggest markets. Indonesia, which has the world’s largest Muslim population, is on track to overtake Taiwan. Now, Paktor is focused on making its mark in other parts of Asia, particularly Japan and Korea. While Paktor doesn’t have a premium membership, it has tested features such as gifting, search base on premium metrics, and contacting 'top' users on each country’s leaderboard. It also runs group chat rooms.

by Jon Russell
See full article at Tech Crunch

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This post also appears on InternetDatingInvestments.

Summarized by Courtland Brooks Internet Dating Marketing Consulting

Indonesian Online Dating Market

Posted on April 20, 2015

Asian dating apps staffWSJ – Apr 20 – For Singapore-based Paktor, Indonesia accounts for half its 1M active monthly users. Paktor, a Tinder-like app, is spread across Singapore, Malaysia, Vietnam, Thailand, Taiwan and Indonesia, and it is doubling its numbers each quarter. Local online dating apps such as Yogrt and Wavoo, as well as mix-matching website Setipe.com, are also seeing a windfall in Indonesia. Cultural stigmas about casual dating still pose challenges, said Razi Thalib, co-founder of Setipe, which currently has ~300K members. Setipe is matching users for long term relationships. Yogrt app includes a game that users can play with their matches, while Wavoo has an augmented reality feature that allows users to see other nearby users from a map of their neighborhood.

by Resty Woro Yuniar
See full article at WSJ

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Summarized by Courtland Brooks Internet Dating Marketing Consulting

3 Popular Asian Dating Apps

Posted on March 24, 2015

Peekawoo screenshotCNN TECH – Mar 22 – Philippines app Peekawoo is a group dating app. Peekawoo's group dates can include up to six people. The app even hosts larger events with "an in-house wing man and wing woman. Woo app launched one year ago and claims 1M users in India. The app doesn't allow married people and rejects ~30% of sing ups a day. Paktor, the Singapore-based app, screens users for fake accounts, and requires them to have at least 50 friends on Facebook to sign up.

by Sophia Yan
See full article at CNN Tech

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Summarized by Courtland Brooks Internet Dating Marketing Consulting

Asian Dating App “Paktor” Gets Another Funding

Posted on November 18, 2014

Paktor logoTECH IN ASIA – Nov 18 – Paktor, a Singapore-based dating app with ~1.5M registered users, has raised $5M in the last 12 months. The company has just announced its latest funding from Vertex Venture, a VC subsidiary of Singapore sovereign wealth fund Temasek Holdings. The money will be used to expand into new markets like Malaysia by next quarter. Its key markets have been Singapore, Vietnam, Thailand, and Taiwan. It will also release a desktop version of its app, and will venture into offline matchmaking.

by Terence Lee
See full article at Tech In Asia

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This post also appears on InternetDatingInvestments.

Summarized by Courtland Brooks Internet Dating Marketing Consulting

Dating App Paktor Raises $500K

Posted on March 19, 2014

Paktor screenshotsTECH IN ASIA – Paktor, a Singapore-founded dating app, has raised a $500K that values it at $6.5M. Paktor works just like Tinder. Besides Paktor and Noonswoon in Southeast Asia, there’s also Love Out Loud, Skout, Kehmistry and Setipe. Further North, there’s Hey from South Korea and Momo from China. Paktor raised $1.3M last year.

by Terence Lee
See full article at Tech in Asia

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This post also appears on InternetDatingInvestments.

Paktor Is Asian Tinder

Posted on October 10, 2013

Paktor logoTECH IN ASIA – Oct 9 – Dating app Paktor launched in Thailand just one month ago and is now available in Vietnam, Philippines, Hong Kong, Malaysia, Taiwan, South Korea and India. Paktor works just like Tinder. Users anonymously scroll the profiles until they find someone interesting. Only if both parties are interested the connection is made.

by Phoebe Magdirila
The full article was originally published at Tech In Asia, but is no longer available.