NY , Nov. 15, 2016 /PRNewswire/ — East Meet East, the application and internet site that matches Asian and Asian US singles in the U.S. and beyond, has established a $1 million round of financing. The capital will likely to be used to help develop the mobile software and speed up the business’s development, especially into the U.S., Canada , Australia , the U.K., and Hong Kong. The investors in this round include: 500 Startups, East Ventures, DeNA 1 , iSGS Investment Functions, Shintaro Yamada (creator & CEO of Mercari, Inc. 2 ) yet others.
Asian People in the us would be the quickest brightbrides.net lithuanian singles minority that is growing in the united states, which expanded 56% from 2000 to 2013 3 , and exceeded the 15 million mark in the usa . Globally, 60% regarding the global world populace life in Asia , accounting for longer than 4.4 billion individuals 4 .
Started as being a dating platform specialized in serving the Asian populace in English-speaking nations, East Meet East distinguishes it self off their internet dating sites by providing features specifically made for the Asian dating culture. East Meet East’s proprietary features and algorithm integrate the findings from many years of research to handle the needs of the community that is asian.
„East Meet East is targeted on the culture and values which exist within the Asian community, which we integrate into our algorithm and features,“ states Mariko Tokioka , CEO and co-founder. „for instance, we have an attribute that enables a person to get in touch with another individual whom emigrated into the united states of america at round the age that is same“ claims Mariko, whom formerly was COO at Quipper, that has been effectively offered to Recruit, Japanese conglomerate, for JPY4.8 billion ( US$43 million ).
East Meet East will make use of the funds to carry on its outreach in the community that is asian further develop the application. Among other items, ongoing collaborations with prominent Asian United states and Asian Canadian YouTubers including the Fung Brothers, David therefore, Linda Dong, and Wong-Fu manufacturing’s ISATV, will play a part that is important these efforts. These YouTube stars are part models for Asian youth in English-speaking countries and so they can efficiently convey the message to an incredible number of members.
„East Meet East may be the extremely first dating platform that undoubtedly understands Asian US tradition and their requirements,“ claims Edith Yeung , basic partner at 500 mobile phone Collective Fund. „Their individual base has grown sevenfold in 2015 alone, that will be a testament towards the demand that is underlying. We look ahead to viewing the business continue to measure globally.“
1 international frontrunner into the mobile internet services, in addition to biggest operator of online flash games in Japan .
2 Japan’s just unicorn that is start-up associated with launch date.
3 Source: US Census and United States Community Survey.
4 World Population Leads: The 2015 Modification.
About East Meet East
East Meet East could be the leading dating that is asian with all the aim of linking Asian and Asian US singles. Users can browse our unique user pool, take a look at our regular match that is one-to-one and deliver smiles and communications to kick-start their dating lives.