TECH IN ASIA - May 21 - Singapore-based advisory firm Kollective Ventures has acquired dating and networking app operator Paktor Group from Taiwan's M17 Entertainment. Financial details of the deal were not disclosed. Paktor Group was formed in 2013 by M17's current CEO Joseph Phua. It owns a number of dating assets, including its namesake app that has operations in Taiwan, Korea, and Southeast Asia. It also runs Goodnight, an app that enables voice conversations between strangers. Paktor was merged with livestreaming company 17 Media in April 2017 to form M17.
by Miguel Cordon
See full article at Tech In Asia
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