Uber has had such a huge impact that many are following suit in the on-demand space. Including dating companies such as Datetix.
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Online dating is a rapidly growing market, fuelled by longer working hours and a desire for ultra-convenient solutions that take away the need for too much leg work. This is especially true in Hong Kong, where DateTix was founded Just take a look at the numbers for the company in its first week of launch.
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They want a solution that offers the most convenience. Several companies have been chomping at the bit to go public, and the granddaddy of them all — Match. IAC is a US-based company managing a variety of websites and online media channels under one roof. But having said that, there is no guarantee DateTix will grow that quickly, or attract any kind of take over offer — this company is in the very early stages, so tread carefully if looking to add to your portfolio.
Its ideas and business plan do however tap into a growing trend which is why we feel DateTix is a solid addition to our tech portfolio here at The Next Tech Stock. The platform also enables users to find business connections across all industries. By helping people find business contacts, new employees or explore new business opportunities, DateTix could potentially create a new market altogether.
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In fact we could potentially see this technology applied to other market sectors where live, location-based mobile phone connectivity is a selling point. DateTix could be an exciting and profitable transition for ERR as the company embarks on a new direction forced by turbulent market conditions in construction and mining However, this is speculation on our part — success is no guarantee for this small company — please do your own research and consider your personal circumstances before making an investment.
ERR has been developing corporate management software since its inception in Its key market segments in this space are enterprises working in energy, construction and resources industries. Given the current lack of business activity in many of its key sectors, ERR has taken the prudent approach of winding down unnecessary business units and focusing on new revenue drivers that can diversify its position.
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If and when its core market recovers, ERR will be in a position to re-focus on its corporate platform. Chinese social conventions surrounding finding a partner, dating and marriage are somewhat different to their Western counterparts.
For the Chinese, marriage is more akin to duty rather than choice. Arranged matches which likely become fully-fledged marriages are commonplace and similar to those of other cultures such as India and parts of Africa. China has undergone rapid industrialisation over the past 30 years that has seen over million people move from rural communities into urban metropolises such as Shanghai and Beijing. The reason for this torrent of migration was to pursue economic prosperity, unavailable to low-wage agricultural workers. The rapid economic and demographic changes in China over the past three decades has had a huge impact on how the Chinese seek out romantic relationships and marriage.
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Nowadays, there are millions of wealthy Chinese who are single and looking for love but do not have the time to find a match. It is estimated that there are over 8 million single adults in Shanghai alone, with 7 million more in Beijing. Over the coming decade, China is expected to have a surplus of around 24 million single males; and the majority are desperate for a bride considering the social pressure they are under.
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Take a look at the table below, and you will gain a broader understanding of the sheer number of singles in Chinese cities. These numbers are far beyond anything experienced in other international cities. The overarching strategy is to win market share and grow its customer base at the fastest rate possible by focusing on cities rather than countries. The chart above draws a map of where DateTix will be looking to expand after Shanghai, Beijing and Guangzou have been suitably romanced. In moving forward, DateTix recently signed a revenue sharing and white label agreement with MenClub — a leading online media platform for men in Hong Kong.
The partnership provides ERR with instant access to 1.
The Company will leverage its technology platform to offer a white label service to MenClub patrons to enable them to host and apply to local and in-person dates. As part of this strategy, DateTix has created a scalable and defensible asset-lite business model by which it can monetise its user database through a range of methods outlined below:. There are a handful of ways to discover and interact with others based on your particular preferences. The search tool may be the most effective way to find compatible matches as it allows you to search based on specific criteria relating to physical traits, such as eye color and height, as well as by lifestyle aspects such as income and religion.
Communication options are standard, and require little effort. To show interest, you may send a wink or a message, begin a one-on-one chat session, add the user as a friend, or like the profile. If mass communication is your preference, you can use the Flirtcast feature every 12 hours to send identical generic messages to a large group of members with a simple click.
Your activity on the site is conveniently recorded for your reference in the Activity section, which showcases your inbox messages, profile viewers, winks received, match feed, which shows nearby matches, and friend requests. BeNaughty is used by individuals in over 70 countries, with the largest concentration steaming from the United States. The site has attracted an average of 3. In the Google Play store, the app holds a 3. Perhaps one of the best aspects of the hookup site is the focus on mobile use. In addition to desktop use, you can access the complete site via Android or iOS app, through Amazon, or simply through your mobile phone browser, making it easier to ensure you can arrange sexual encounters and stay in the loop of all site activity.
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Discover others who have similar or complementary sexual interests on XMatch. The site has a handy kink profile section and search along with a large active member base filled with users who are anything but shy. The site caters to sexual intentions of every type and supplements your hookup experience with X-rated photos, pictures, videos, and more. Delivering a massive user base, AdultFriendFinder allows you to easily find and interact with others to quickly setup in person sexual encounters or jump right into cyber sex. If you need a site to do more than just provide a user base, Elite Singles will meet your needs by providing a dating platform that does the work for you.
Whether you have three minutes or three hours a day to spend discovering others to have fun with, Elite Singles provides a solution. The dating site has extensive privacy and filter capabilities to save you time along with a unique questionnaire that analyzes 29 character traits to ensure you find data-back, suitable matches to fulfill sexual fantasies.
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