About Twoo
Twoo is a company based in Genk (Belgium) founded in 2011 was acquired by IAC in December 2012.. The company has 41 employees as of December 31, 2020. Twoo has completed 1 acquisition, including Stepout. Twoo offers products and services including Plenty of Fish and Azar. Twoo operates in a competitive market with competitors including Match, Mamba, LOVOO, Momo and Skout, among others.
- Headquarter Genk, Belgium
- Employees 41 as on 31 Dec, 2020
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Massive Media Match
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Products & Services of Twoo
Twoo offers a comprehensive portfolio of products and services, including Plenty of Fish and Azar. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for finding and connecting with singles for genuine dating.
Platform for instant video chats and live streaming interactions.
Funding Insights of Twoo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Twoo
Twoo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IAC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Acquisitions and creations of media and internet brands are managed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Twoo
Twoo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stepout. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Social discovery platform matching nearby users via mutual private likes.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Twoo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Twoo Comparisons
Competitors of Twoo
Twoo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Match, Mamba, LOVOO, Momo and Skout, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online matchmaking listings are facilitated via a digital platform.
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| domain | founded_year | HQ Location |
Russian online dating platform enabling user registrations and profile browsing.
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| domain | founded_year | HQ Location |
Social discovery and mobile dating app
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| domain | founded_year | HQ Location |
A social networking platform is operated for connecting strangers.
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| domain | founded_year | HQ Location |
People are connected via a mobile dating and discovery platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Twoo
When was Twoo founded?
Twoo was founded in 2011.
Where is Twoo located?
Twoo is headquartered in Genk, Belgium. It is registered at Genk, Limburg, Belgium.
How many employees does Twoo have?
As of Dec 31, 2020, the latest employee count at Twoo is 41.
What is the annual revenue of Twoo?
Annual revenue of Twoo is $19.81M as on Dec 31, 2020.
What does Twoo do?
Twoo was founded in 2011 in Genk, Belgium, within the social networking and dating sector. An interest-based platform is operated, allowing users to discover and connect with others based on location and shared interests. The service is provided through a mobile app available for iOS and Android devices, supporting user interactions across these geographies.
What products or services does Twoo offer?
Twoo offers Plenty of Fish and Azar.
How many acquisitions has Twoo made?
Twoo has made 1 acquisition, including Stepout.
Who are Twoo's investors?
Twoo has 1 investor. Key investors include IAC.
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