EJINSIGHT - June 22 - Dating app Coffee Meets Bagel (CMB) launched in Hong Kong, the app's first stop in overseas expansion, three months ago. Since then, CMB attracted 100K users, and is in the top 10 in Apple's App Store. Co-founder Dawoon Kang said the app has huge potential given ~2M Hong Kong FB users age 21-35 are single and they have 768 friends on average. To become a CMB member, a user has to register through Facebook. The app will then analyze the user’s friend group. Every day around noon, CMB randomly picks one of the matches and sends it to members who can then access the personal info of the recommended person for 24 hours. In that time, they can decide to proceed or pass. After Hong Kong, Toronto will be its next stop.
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