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“That’s something that had been brought up when [we were] fundraising.” On the strategic side, it brings some clarity to Paktor’s previous intention to move into “social entertainment,” a fairly nebulous term that encompasses any kind of entertainment on a smartphone. Paktor currently offers four dating apps — core service Paktor and acquired apps Down, Kickoff and Goodnight — while 17 Media’s runs its 17 live-streaming app, photo social network Swag and video group chat service Lit.
The list of established companies moving into streaming is nearly endless.
Facebook, Instagram, You Tube, Twitch and then in China fellow dating app Momo, and fast-growing Kuaishou among others.
Unfortunately, the company doesn’t reveal user activity data, although it claims 50,000 active streamers and top-three app store rankings in the live-streaming category in six Asian countries.
Even if engagement is high, there’s strong competition for attention.
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