Coffee matches Bagel dating app’s Aussie launch targets just how females wish to date

Coffee matches Bagel dating app’s Aussie launch targets just how females wish to date

An innovative new dating application, which states its glance at dating from a lady’s viewpoint, is introducing in Australia as a result of its founders rejected a $US30 million ($38.37 million) takeover by US businessman Mark Cuban.

Coffee suits Bagel is a free relationship solution targeting young experts, which claims to supply users with one “quality match”, referred to as a “bagel”, every day.

Created by three siblings – Arum, Dawoon and Soo Kang – in 2012 in ny, it offers expanded since over the United States and launched in Hong Kong.

Coffee satisfies Bagel co-founder Dawoon Kang states the solution’s engagement degree rivals Twitter’s. Supplied

” There are certainly a few things we view as soon as we opt for a town,” Dawoon Kang stated. “first of all we are in need of a huge population that is single specially involving the many years of 21 and 35, that is the sweet spot as the software is most effective for young specialists.”

Ms Kang stated Sydney had a top populace of young singles and its particular current users in the usa and Hong Kong had a lot more than 300,000 buddies in Sydney, rendering it a apparent option.

“Dating is hyper regional. If you do well in one town it generally does not suggest you may excel within the next,” she stated.

Customers sign into Coffee Meets Bagel employing their Facebook profile and you can add a couple of additional factual statements about themselves and choice criteria for a future partner.

The application then runs on the proprietary algorithm to complement members to an appropriate buddy of a buddy, centered on their Facebook connections and facets such as for example what their age is, training and spiritual choice.

Attracting investment

The sisters appeared in the United States truth show Shark Tank and refused a takeover offer of $30 like this million from billionaire Cuban. They will have raised $11 million in money up to now from a selection of investors, including Silicon Valley companies Quest Venture Partners and DCM Ventures. Continue reading “Coffee matches Bagel dating app’s Aussie launch targets just how females wish to date”