NY , Nov. 15, 2016 /PRNewswire/ — East Meet East, the application and web site that matches Asian and Asian singles that are american the U.S. and beyond, has established a $1 million round of capital. The money are going to be used to advance develop the app that is mobile speed up the business’s growth, especially into the U.S., Canada vietnames brides, 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 Us citizens will be the quickest growing minority team in the united states, which expanded 56% from 2000 to 2013 3 , and exceeded the 15 million mark in the us . Globally, 60% associated with the global world populace life in Asia , accounting for longer than 4.4 billion individuals 4 .
Launched as a dating platform dedicated to serving the Asian populace in English-speaking nations, East Meet East distinguishes itself off their internet dating sites by providing features specifically made for the Asian dating culture. East Meet East’s proprietary features and algorithm include the findings from several years of research to handle the requirements of the community that is asian.
“East Meet East centers around the tradition and values that you can get into the Asian community, which we integrate into our algorithm and features,” states Mariko Tokioka , CEO and co-founder. “for instance, we now have an element enabling 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 was effectively offered to Recruit, Japanese conglomerate, for JPY4.8 billion ( US$43 million ).
East Meet East will utilize the funds to carry on its outreach within the Asian community and further develop the application. On top of other things, ongoing collaborations with prominent Asian American 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 movie stars are part models for Asian youth in English-speaking countries and they can efficiently convey the message to an incredible number of customers.
“East Meet East could be the extremely first dating platform that undoubtedly knows Asian US tradition and their demands,” claims Edith Yeung , basic partner at 500 mobile phone Collective Fund. “Their user base has grown sevenfold in 2015 alone, that is a testament to your underlying demand. We look ahead to viewing the business continue steadily to measure globally.”
1 international frontrunner within the mobile internet services, plus the largest operator of online flash games in Japan .
2 Japan’s just unicorn that is start-up of this launch date.
3 Source: United States Census and United States Community Survey.
4 World Population Prospects: The 2015 Revision.
About East Meet East
East Meet East could be the leading Asian relationship platform because of the aim of linking Asian and Asian American singles. Users can browse our unique member pool, have a look at our regular one-to-one match, and deliver smiles and communications to kick-start their dating life.