DateTix now able to reach 90% of smartphone users in Hong Kong
Published 04-MAR-2016 12:06 P.M.
2 minute read
Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.
In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.
The below articles were written under our previous business model. We have kept these articles online here for your reference.
Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.
Click Here to View Latest Articles
DateTix Group (ASX:DTX) has rolled out the Android version of its dating app ahead of schedule, effectively unlocking 90% of smartphone users in Hong Kong.
The tech company told its investors today that the Android version of the app had rolled out, just a month after it launched its iOS app into the marketplace.
The launch of the Android app, ahead of schedule, opens up an audience which worldwide is estimated to be five times larger than the iOS audience – according to the company.
More vitally, it now ensures that 90% of smartphone users in Hong Kong, its launch market, have access to the app should they choose to download it.
So far there have been 2500 downloads of the DateTix app from the iOS store, while there have been over 1200 dates hosted as of February 22.
DTX told its investors that it would soon update the numbers for iOS, giving shareholders a look at how the app has launched.
It said last month that the numbers had been achieved despite “very limited” marketing to this point.
With the addition of Android customers, DTX will be hoping to build a solid base in Hong Kong before expansion to the Singapore and gargantuan Chinese market later this year.
“The launch of the Android app is expected to substantially increase the number of users on the DateTix platform,” DTX CEO Michael Ye said.
“In conjunction with continued traction in the iOS app, expansion into Singapore and China, and new partnership initiatives, DateTix Group is very well positioned for significant user growth.”
More on DTX
DateTix is an online and mobile location-based for meeting people for what DTX says are ‘on demand’ dates at verified local merchants, which DTX has partnered with, offering daters discount tickets to certain venues.
It has a proprietary algorithmic engine which scores and ranks users on a range of features including physical attributes, personality traits and date preferences.
It has an initial focus on Asian cities, but longer term is seeking to “grow and cultivate leading online local marketplaces for in person and on-demand dates in major cities around the world.”
General Information Only
S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.
Conflicts of Interest Notice
S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.
Publication Notice and Disclaimer
The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.
Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.
This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.