Interactive dating & entertainment ltd
The total number of registered users on our dating applications grew to In October , Paktor hired two former Meetic senior marketing executives, Jose Ruano and Miguel Mangas, spearheading overseas expansion efforts outside of Asia. Our high quality live streaming content, evidenced by the fact that We have successfully extended our market leadership in Taiwan to other markets in Developed Asia that have close cultural proximity to Chinese-speaking countries. We have a proven track record of using highly engaging interactive entertainment experiences across multiple media formats to drive monetization. We also operate Paktor, which was launched in Singapore in , and Goodnight, which are our main dating applications. As of September , an estimated 12 million people in Southeast Asia use the app every month, with an average of 20 million matches per month and over 5 billion swipes to date.
This model has made it possible for us to disrupt the traditional artist-agency model by creating a robust and systematic process of discovering, training, developing and promoting artists. A series of visual advertisements  were launched with the appointment announcement. We seek to bring our users closer to their favorite artists by enabling users to interact and socialize with artists directly from their mobile devices. Artists located in Taiwan were responsible for Our current structure is the result of a series of transactions that were completed in March between Machipopo, Inc. The deal was Paktor's first acquisition and comes as the start-up looks to diversify into the social entertainment space. We are in the process of integrating our live streaming platform into our online dating applications, and our integrated platform had As of September , an estimated 12 million people in Southeast Asia use the app every month, with an average of 20 million matches per month and over 5 billion swipes to date. We operate the largest live streaming platform by revenue in Developed Asia with a market share of Because of our media and entertainment expertise, we understand the challenges facing the entertainment industry, including the gap between fans and artists. At this time, the size of the network stood at 1. We also operate Paktor, which was launched in Singapore in , and Goodnight, which are our main dating applications. Our online competitions give fans an opportunity to show their support to their favorite artists with gifts and provide our popular artists an opportunity to increase their earnings. Paktor and GaiGai have since updated their privacy and data protection policy in August  . This record was most recently broken by Calgary Speed Dating Inc. However, some Reddit users commented that more layers of encryption are necessary in order to provide better security for the clientele database. The two speak Spanish, which has strategic global importance as million people in the world use Spanish as their first language. We are a tech-enabled entertainment company led by veteran media and entertainment executives. We have successfully extended our market leadership in Taiwan to other markets in Developed Asia that have close cultural proximity to Chinese-speaking countries. This new raise, was led by U. Despite the immature market, there was a lot of interest from consumers and according to a Paktor newsletter, there were matches in the first 2 weeks of making Paktor the 1 social networking app for singles in Asia. In October , Paktor hired two former Meetic senior marketing executives, Jose Ruano and Miguel Mangas, spearheading overseas expansion efforts outside of Asia. Our live streaming revenues have historically accounted for the large majority of our revenues, including Our website is m Our co-founders and core management team have over 20 years of combined experience managing top artists and producing high quality music and video content in Asia, as well as operating social and interactive entertainment platforms in Asia and globally. We are able to identify and nurture high-quality artists early while avoiding substantial upfront investments. Average daily time spent on our live streaming platform by live streaming users increased to
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