Friends members directors online dating chat
For the three Korean-American sisters behind the San Francisco- based app Coffee Meets Bagel, the experience of their female users was key.
Ms Dawoon Kang, 32, a co-founder of the app, which is reported to have 21 million users in the US alone, says: "We realised that career-focused women don't have time for bulls*** and want quality over quantity.
He says: "When using an app, you don't know if someone has swiped left on your profile, you find out only about the positive matches.
"I think getting to chat first is a great asset if you're shy about making the first move in real life." Paktor may have impressive user numbers, but Mr Chua Joo Hock, managing director of Vertex Ventures, a global venture capital platform which has invested up to US.5 million (S.1 million) in the dating app, estimates that Singapore is three to five years behind the United States, which is at the forefront of online dating, in terms of online dating social acceptability.
Ms Shn Juay, regional marketing director of Singapore-based dating app, Paktor, says one reason for the boom in dating apps is that "millennials like things to be quick, easy and convenient".
She adds: "And for busy working professionals who might not know what they're looking for, it helps to have choices." Paktor - which means dating in Hokkien and Cantonese - works on a model that is similar to Tinder, where users review profiles and swipe left or right to show interest in a potential match.
Ms Lim, 36, says: "Dating apps have low barriers to entry, so safety was our priority.
Instead, they emphasise security and are more attentive to the needs of female users.
He uses Tinder, which is arguably the mother of all dating apps.
Set up in 2012, it provides users the option of meeting singles around them.
Tinder, which is part of the IAC/Inter Active Corp media conglomerate that also owns dating websites and Ok Cupid, boasts more than 91 million downloads and 1.5 billion swipes every day.
It is reported to have made one billion matches through its app.Still, he says the industry of bringing new people together socially represents a fast-growing US
It is reported to have made one billion matches through its app.
Still, he says the industry of bringing new people together socially represents a fast-growing US$1 billion-revenue-a-year market in Asia.||
It is reported to have made one billion matches through its app.Still, he says the industry of bringing new people together socially represents a fast-growing US$1 billion-revenue-a-year market in Asia.billion-revenue-a-year market in Asia.