The company has been wholly acquired by The Match Group.Details of the acquisition price has not been disclosed.Pairs is a Facebook-based dating and marriage hunting app launched in 2012 and has acquired ~1.5M users in Japan and 800K users in Taiwan to date.
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Taking advantage of the business experience of IAC with which has succeeded in many media businesses globally, Eureka wants to further develop its business around the Couples app not only in Japan but also in the Southeast Asian region.
The two firms will maintain their brands and independent business operations with their personnel structures unchanged after the merger.
“We have full confidence that Jualo will be the premier e-classified marketplace to take advantage of the increasing digital sophistication of the Indonesia consumer market,” said Richard Hsu, Head of Southeast Asia investments at SIG.
100% Free Online Dating for Cranbrook Singles at Mingle2Cranbrook is full of single men and women like you looking for dates, lovers, friendship, and fun.Finding them is easy with our totally FREE Cranbrook dating service.According to the company, launched in January 2013, they plan to expand the team of 20 people to 35 people.Their first funding was from Tokyo-based startup accelerator and Beenext in January 2016. Angel investors involved in the round are Kotaro Chiba, co-founder of mobile gaming developer Colopl and Eureka dating app co-founders Yu Akasaka and Jun Nishikawa – the first paying enterprise users of Smart HR.