NEW YORK , 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 undoubtedly be used to advance develop the app that is mobile speed up the business’s development, particularly 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 ) among others.
Asian People in the us will be the fastest growing minority team in the united states, which grew 56% from 2000 to 2013 3 , and exceeded the 15 million mark in america . Globally, 60% associated with global world populace life in Asia , accounting for over 4.4 billion individuals 4 .
Created being a dating platform specialized in serving the Asian populace in English-speaking nations, East Meet East distinguishes itself from other internet dating sites by providing features specifically made for the Asian culture that is dating. East Meet East’s proprietary features and algorithm integrate the findings from many years of research to handle the requirements of the community that is asian.
“East Meet East is targeted on the tradition and values which exist within the community that is asian which we include into our algorithm and features,” states Mariko Tokioka , CEO and co-founder. “for instance, we now have a function which allows a person for connecting 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 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 keep its outreach in the Asian community and further develop the software. Among other items, ongoing collaborations with prominent Asian United states and Asian Canadian YouTubers including the Fung Brothers, David So, 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 effortlessly convey the message to scores https://brightbrides.net/ghana-brides of customers.
“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 into the demand that is underlying. We enjoy viewing the ongoing company continue steadily to measure globally.”
1 international frontrunner into the mobile internet services, and also the operator that is largest of games in Japan .
2 Japan’s just start-up unicorn as associated with launch date.
3 Source: United States Census and United States Community Survey.
4 World Population Leads: The 2015 Modification.
About East Meet East
East Meet East may be the leading dating that is asian with all the goal of linking Asian and Asian American 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 everyday lives.