[e27] South Korean couple app Between gets strategic investment from DeNA

After surpassing the five million download mark in December, South Korean firm behind couple app Between, VCNC (which stands for Value Creators & Company) today announced that it has received an undisclosed amount from Japanese mobile and e-commerce portal DeNA. 

According to an official statement, the investment will be used to “grow Between into an open platform and later support the opportunities to monetise Between”. 

Isao Moriyasu, President and CEO, DeNA said, “Purpose-specific social networks like Between are rapidly gaining popularity worldwide, following the massive adoption of general social networks and communication tools. DeNA sees a great global potential in this highly sophisticated mobile internet service.” ...

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e27 2/10/2014 [en]

memo

• Actually a social network for closed members such as couples of families are increasing. Pairly is a direct competitor for Between from Japan, which raised $1 million in last December. Most of the services have not yet reached a mainstream like Facebook or LINE, but if it begins to show the sign of rapid growth, it would not be surprising if DeNA acquires the company.
• http://between.us/