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The word 'Paktor' originates from the Chinese Hokkien dialect word for 'dating'.
Paktor was first launched in Singapore in June 2013, when online and mobile dating was still in its infancy in Asia.
Despite the immature market, there was a lot of interest from consumers and according to a Paktor newsletter, there were 250000 matches in the first 2 weeks of 2014 making Paktor the #1 social networking app for singles in Asia.
This round was led by Vertex Venture, a subsidiary of Singapore’s Temasek Holdings.
The funds were reported to be used for expansion into different territories and the introduction of new services under the Paktor group.
At this time, the size of the network stood at 1.5 million registered users.In January 2015, Paktor created two eye-catching telephone booths near Taipei’s iconic landmark, the Taipei 101, to encourage passers-by to explore the app and provide assurance that the app is a safe and private way to meet new friends across countries The event drew 600 participants including local celebrities popular among Vietnamese youth.This record was most recently broken by Calgary Speed Dating Inc.(Canada) at Telus Spark Science Centre in Calgary, Canada, on 14 February 2014 There were also comparisons to established mobile dating apps like Tinder and how it was a similar product and had the same mechanics.Global Dating Insights (GDI) publication regarded Paktor as one of the dating apps to watch.With relatively little competition in Southeast Asia, GDI assesses that the app to have huge potential, crediting the CEO for having ‘expertly navigated’ the Southeast Asian market with multiple countries each with different cultures, dating habits and languages.