Singapore’s Lunch Actually acquires Thailand matchmaker MeetNLunch

MeetNLunch website.

Singapore-based dating service provider Lunch Actually Group has acquired Thailand’s top personalised matchmaking service MeetNLunch for professionals, for an undisclosed amount.

Lunch Actually’s foray into Thailand will help bolster the group’s growth in the industry, regionally, the company said.

Lunch Actually also acquired dating app Love Out Loud Asia last year in October, from Fatfish Internet Group.

The Thai dating service has more than 150,000 members in its combined database and has arranged around 10,000 dates. Similar to Lunch Actually, MeetNLunch’s clientele comprises mainly of successful entrepreneurs, CEOs, hedge fund managers, and other financially stable and commitment-minded professionals.

“Many of these professionals who have been used to outsourcing different aspects of their lives to financial advisors, headhunters and more., prefer to work with professional matchmakers than to leave their love lives up to chance,” a press statement from Lunch Actually noted.

MeetNLunch also owns well-established mobile dating app, Available, with a database of over 100,000 users.

Lunch Actually Group, which in April 2015 launched its dating app, LunchClick, will be able to benefit from MeetNLunch’s experience and expertise in the mobile dating app industry.

With this acquisition, MeetNLunch and Available will come under Lunch Actually Group’s stable of brands including Lunch Actually, eSynchrony, LunchClick and Lunch Actually Academy.

The group will roll out its various product offerings into the Thai market in the coming months, it said.

To date, the Lunch Actually Group has around 400,000 members in its combined database and has arranged more than 40,000 dates.

Last year alone, the group’s cash revenue grew by more than 50 per cent and hit a new revenue milestone of $5 million, making it the biggest dating agency in Southeast Asia.

Co-founder and chief executive officer of Lunch Actually, Violet Lim said the company saw the potential for synergy in both respective businesses and company cultures, noting the importance to integrate both companies successfully in the merger.

“Through this acquisition, we have immediate access to the growing singles market in Thailand and this will bring us closer to cementing our position as the biggest dating player in the Southeast Asian region and accelerating our goal of creating 1,000,000 marriages,” she said in a press statement.

Launched in Singapore in 2004 by husband and wife team Jamie Lee and Violet Lim, Lunch Actually Group went on to expand to Kuala Lumpur, Penang, Hong Kong, and Jakarta.

The dating business expanded into Jakarta in October 2014.

The company is accredited by SDNTrust, Case Trust, and the Matchmaking Institute of New York, with Lim being the first Asian to be certified by the Matchmaking Institute of New York.

MeetNLunch founder Nikki Assavathorn commented that dating and matchmaking services are extremely in demand in Thailand, and the industry is still growing at a rapid pace.

“One of the factors that helped MeetNLunch achieve the amount of success is our ability to recognize the needs of singles and pivot our products and services accordingly,” Nikki stated. MeetNLunch has been in business since 2006, and is highly regarded in its home market for its professionalism.

Also read:

Exclusive:Thai dating app to raise $400K seed fund

Singapore dating app Paktor secures $10m Series B round

Dating app Paktor raises $3.3m Series A funding

WatchMe88 launches dating app on Apple Watch

Exclusive: Fatfish’s iCandy slated for Sept IPO, to raise $3.68m

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.