IBTIMES - Dec 29 - Paktor, is popular in South East Asia with ~20M users. The app is currently available in Singapore, Malaysia, Taiwan, Japan, Korea, Vietnam, Thailand and Indonesia. In October, Paktor had raised $32.5M in new funding to expand into mobile entertainment.
Q: Are you only targeting users 18-32? Do you think that there is no market for those above 32?
A: Everyone of any age are most welcome, just that we noticed that the majority of our users fall between 25- 35 years old.
Q: With increase in hacking cases, how safe is your app from such attacks?
A: We follow the security best practise guidelines as recommended by the industry experts. Paktor requires users to sign up via their FB accounts, but the caveat is to have at least 50 friends before anyone is eligible for user registration.
Q: What is the revenue model?
A: Currently Paktor app is on a 'freemium model', where it is free to install and use the app. Users who would like to have a better match may have the option to subscribe as Paktor's premium member. The other revenue source comes from advertising.
Q: How different is Paktor from Tinder?
A: We tap on our localised knowledge and introduce features that locals want.
Q: Are you planning to launch in India?
A: The India market holds plenty of opportunities for Paktor and we don't dismiss the possibility of entering India. However, our current focus is on North Asia – namely Korea and Japan.