NY , Nov. 15, 2016 /PRNewswire/ — East Meet East, the application and internet site that matches Asian and Asian singles that are american the U.S. and beyond, has established a $1 million round of financing. The financing will likely be used to help develop the app that is mobile speed up the business’s development, particularly when you look at 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 ) as well as others.
Asian Us citizens would be the quickest minority that is growing in the usa, which expanded 56% from 2000 to 2013 3 , and exceeded the 15 million mark in the usa . Globally, 60% for the world populace everyday lives in Asia , accounting for over 4.4 billion individuals 4 .
Established being a dating platform focused on 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 culture that is dating. East Meet East’s proprietary features and algorithm include the findings from several years of research to handle the needs of the community that is asian.
“East Meet East is targeted on the tradition and values which exist into the community that is asian which we integrate into our algorithm and features,” claims Mariko Tokioka , CEO and co-founder. “for instance, we now have an attribute enabling a person to get in touch with another individual whom emigrated into the united states of america at across the exact same age,” claims Mariko, whom formerly was COO at Quipper, that was effectively offered to Recruit, Japanese conglomerate, for JPY4.8 costa rica date sites billion ( US$43 million ).
East Meet East will utilize 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 like 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 role models for Asian youth in English-speaking countries and so they can efficiently convey the message to an incredible number of customers.
“East Meet East could be the really first dating platform that undoubtedly knows Asian American tradition and their requirements,” says Edith Yeung , basic partner at 500 mobile phone Collective Fund. “Their individual base has grown sevenfold in 2015 alone, which can be a testament to your underlying demand. We look ahead to viewing the ongoing business continue steadily to measure globally.”
1 international frontrunner into the mobile internet services, as well as the biggest operator of online flash games in Japan .
2 Japan’s only unicorn that is start-up regarding the launch date.
3 Source: United States Census and United States Community Survey.
4 World Population Prospects: 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 one-to-one match, and deliver smiles and communications to kick-start their dating everyday lives.