Cloud software platform Enverro Limited has announced it is acquiring DateTix, a new location-based mobile platform for users to “host, discover and go on real dates”.
DateTix is a Hong Kong-based social platform designed to help users to meet new people in person, whether it be for dating, relationship or platonic purposes.
The company is acquiring the site for 12.5 million shares, and a total of 12 million performance shares.
According to DateTix, the main investment advantages include the site’s “enormous” global marketing potential, its multiple revenue streams and a highly experienced, passionate team.
Enverro aims to raise up to $3 million with a prospectus priced at $0.40 per share to aid with the development and marketing of the on-demand dating site.
The platforms founder is serial entrepreneur Michael Ye, who built one of the Internet’s first online dating websites in New York back in 2004.
In addition to its existing online opportunities, the site is planning to make a solid appearance in the expanding offline dating market.
It will do so by using the site to sell a number of offline dating services to its user base, such as singles events and an exclusive personalised matchmaking service.
DateTix is currently being developed for both iOS and Android devices, and the company plans to launch the mobile app in the final quarter of this year.
Check out DateTix’s official site here.