Online Personals Watch
Menu
  • Home
  • About
  • Research
    • News by Company & Categories
    • News by Date
    • All Online Dating Statistics
    • Public Companies
    • Acquisitions
    • Funding Rounds
    • Top Online Dating Reporters
    • OPW in the Press
    • All Executive Interviews
  • Conferences
  • Courtland Brooks
  • Contact
  • Subscribe
Menu

Category: Goodnight

Hong Kong Watchdog Takes Swipe at Tinder’s Age Based Fees

Posted on January 17, 2023

Tinder for social media1THE STANDARD – The Consumer Council claims Tinder has an "unfair" pricing mechanism that charges users an annual subscription according to age. The council registered accounts for users aged 18 to 68 with intervals of 10 years.  The highest fees are for 38-year-olds, followed by for 18-year-olds and 58-year-olds. The cheapest are for those whose ages are 28, 48 and 68. The app charges 38-year-old platinum account holders HK$1,318 annually, which is 42% higher than users from the lowest-priced group. The watchdog urged Tinder to make rectifications. The council also found dating apps reveal users' personal information for marketing and advertising after a trial of nine popular ones in Hong Kong between October and December. The nine tested were Bumble, Coffee Meets Bagel, Goodnight, Heymandi, OkCupid, Omi, Paktor, SweetRing and Tinder. All were found to have preset permission to use account owners' data, including name, gender, sexual orientation, date of birth, location, e-mail address and phone number for marketing or advertising. Only three apps allowed users to opt-out.  Age is not covered under Hong Kong's anti-discrimination laws, an Equal Opportunities Commission spokesman said.

by Eunice Lam
See full article at Teh Standard

Mark Brooks: Do you think Tinder, and nay, the industry at large, make rectifications? Is age-based pricing logical and justifiable, or just wholly unfair? Your comments, please.

Share this:

  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Facebook (Opens in new window) Facebook
  • Email a link to a friend (Opens in new window) Email

Paktor Acquired by Singapore Advisory Firm Kollective Ventures

Posted on May 21, 2020

Paktor logo new jan 16TECH 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

See the top news on Paktor
See the top news on Goodnight

This post also appears on InternetDatingInvestments.com

Share this:

  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Facebook (Opens in new window) Facebook
  • Email a link to a friend (Opens in new window) Email

Live Streaming Platform M17 Raises $26.5M in Series D Round

Posted on May 12, 2020

M17 Media logoDEALSTREET ASIA – May 11 – M17 Entertainment has landed $26.5M in a Series D funding round led by the Temasek-backed Vertex Growth Fund. The company will focus on deepening its presence in Japan and the rest of developed Asia, while planning expansion into the US and new markets such as the Middle East. M17 said it has the largest live streaming platform in developed Asia, with ~60% market share by revenue in Japan and Taiwan. M17’s estimated annual revenue is $180M. In 2018, M17 raised $25M. The company also raised a $40M Series A round in 2017. M17 was formed in April 2017 after the merger of Singapore-based Paktor Group and Taiwan-based 17 Media, a regional live streaming company. The company's main dating apps are Paktor and Goodnight. M17 had planned to list its Paktor dating and networking app on the New York Stock Exchange in a $115M IPO in 2018, but it withdrew the application after the IPO roadshow only raised $60M.

by Leslie Shaffer
See full article at DealStreet Asia

See the top news on Paktor
See the top news on Goodnight

This post also appears on InternetDatingInvestments.com

Share this:

  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Facebook (Opens in new window) Facebook
  • Email a link to a friend (Opens in new window) Email

M17 Entertainment Files For U.S. IPO

Posted on May 23, 2018

M17 Media logoSEEKING ALPHA – May 22 – M17 Entertainment intends to raise $115M in a U.S. IPO. The company provides an online live streaming and dating app for the more developed countries in Asia. The firm has developed a live streaming platform known as 17 Media. The platform was launched in Taiwan in July 2015. 17 Media had 33.3M registered users as of March 31, 2018. The company also operates Paktor, launched in Singapore in 2013, and Goodnight, M17 Entertainment's main dating apps. The platform allows artists to stream performances at any time and from anywhere with an internet connection. 2017 revenue was $79.5M with gross profit of $14M. The firm will use the net proceeds from the IPO for expansion into Japan and other new markets; for content development, including PGC and new content formats; and the remainder for strategic merger and acquisition opportunities.

by Donovan Jones
See full article at Seeking Alpha

See all posts on Paktor
See all posts on Goodnight

This post also appears on InternetDatingInvestments.

Summarized by the IDEA team

Share this:

  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Facebook (Opens in new window) Facebook
  • Email a link to a friend (Opens in new window) Email

Dating App Paktor Is Heading Towards An IPO On The New York Stock Exchange

Posted on May 14, 2018

Paktor logo new jan 16E27.CO – May 13 – M17 Entertainment, the company that owns Paktor and live-streaming service 17 Media, is hoping to raise US$115M in IPO. M17 made ~$90M in revenue in 2017, but operated at a loss of US$61.8M. In Q1 2018, the company made $37.9M and is operating at a loss of $26.9M. The strategy for the startup is to expand into Japan, expand content offerings, grow the number of artists on the live-streaming service and achieve profitability. Paktor has 14.6M people using its dating services, but that is split between the brands of Paktor, Goodnight and Kickoff.

by Kevin McSpadden
See full article at E27.com

See all posts on Paktor

Summarized by the IDEA team

Share this:

  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Facebook (Opens in new window) Facebook
  • Email a link to a friend (Opens in new window) Email

Paktor Moves Into Live-streaming Via Merger Deal

Posted on April 27, 2017

Paktor logo new jan 16TECH CRUNCH – Apr 26 – Dating app Paktor, 'The Tinder of Southeast Asia,' is moving into live-streaming and media content after it announced a merger deal with Taiwanese startup 17 Media. Paktor currently offers four dating apps – core service Paktor and acquired apps Down, Kickoff and Goodnight – while 17 Media's runs its 17 live-streaming app, photo social network Swag and video group chat service Lit. The new entity is expecting ~$100M in annual revenue and 50M users. The list of established companies moving into streaming is nearly endless. Facebook, Instagram, YouTube, Twitch, Momo, and fast-growing Kuaishou among others.

by Jon Russell
See full article at Tech Crunch

Update: M17 has raised an undisclosed amount in investment from Korean VC firm KTB Network as part of a larger round, which is due to close in a few weeks.

See all posts on Paktor

This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

Share this:

  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Facebook (Opens in new window) Facebook
  • Email a link to a friend (Opens in new window) Email

Paktor Continues Spending Spree: Acquires Taiwan’s Goodnight

Posted on February 8, 2017

Goodnight screenshotSG NEWS – Feb 8 – Founded in 2015, Goodnight matches people with common interests, after which, they can engage in a voice chat of up to seven minutes. It claims a user base of ~500K. Paktor has formed a new division called Paktor Labs, which is a social apps accelerator headed by Colin Hodge, previously CEO and co-founder of Down and Sweet (two dating apps Paktor bought last month). Down and Sweet, Goodnight and Kickoff (acquired last May) will all be part of Paktor Labs. These newly acquired apps will increase Paktor's user base by ~7M, bringing the total number to 20M users.

by Yon Heong Tung
See full article at SGNews

See all posts on Paktor
See all posts on Down
See all posts on Kickoff

This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

Share this:

  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Facebook (Opens in new window) Facebook
  • Email a link to a friend (Opens in new window) Email
  • YouTube
  • X
  • LinkedIn
  • Facebook
Graphic featuring the logo of Courtland Brooks with the text 'We'll Help You Grow, Thrive & Exit' and bullet points for services including Strategy, Marketing, PR, Influencers, and Business Development.

OUR EVENTS

A blurred audience in a large venue with colorful lighting, featuring the bold text 'LTR US' in the foreground.

OUR SPONSORS

Logo of HubPeople featuring geometric shapes and the text 'HubPeople' in a modern font.
Logo of LeadThink, featuring the tagline 'YOUR GROWTH STARTS WITH US' and the description 'The #1 Destination for Early to Late-Stage Startups' in a combination of blue and pink text.

GOT NEWS?

Share your news at
tips@onlinepersonalswatch.com.

COURTLAND BROOKS

We help online dating & social businesses grow, thrive, and exit. See CourtlandBrooks.com.

CONTACT

Mark Brooks
CEO, Courtland Brooks
Publisher, Online Personals Watch
mark@courtlandbrooks.com

Irena Brooks
Editor, Online Personals Watch
irena@courtlandbrooks.com

©2025 Online Personals Watch