Monkey brings Holla a portion of the young users it had trouble reaching as well as deeper penetration in the United States, Holla head of global expansion Allen Loh told Venture Beat in a phone interview.
“I think for us the biggest advantage was that we saw Monkey was able to tap into a really niche market that we weren’t able to penetrate very well,” Loh said, referring to teenagers and people in their early 20s.
In addition to Facebook, Instagram, and Snapchat, Holla sees itself in competition with Bumble and other apps geared toward finding new friends or a date.
“The vision of Holla and Monkey is more about using video chat as a way of communication to connect to users whether it’s for dating or friendship, and we firmly believe that eventually this whole friend discovery sphere is going to go toward video, because the way people meet and greet in real life is through face-to-face, eye-to-eye, you can see each other’s face, and that’s how you gain trust and have that higher level of engagement, and we really want to deliver that through video chat,” he said.
Random video chat is still part of Holla’s name in the Android Play Store, but the company is heading in a different direction.Murray, Kristen reached a verdict: She would see Jet Man again. Video chat app Holla acquired competitor Monkey today.“We can’t do magic.”Kristen, 50, a divorced mother who works in the real estate industry in Boston, said she doesn’t have such lofty expectations of her digital coach.(She also asked that her last name not be used.) “It’s an as-needed approach when I connect with someone, and I’m not feeling inspired or creative about how to reach out,” she said.She works with Kevin Murray, 35, the founder of Icebrkr, who has a master’s degree in communication and information studies from Rutgers and wrote his thesis about how people present themselves on internet dating platforms.Recently, when a Bumble match wrote that he loved steamers and white wine, Mr.At times in 2017, Monkey ranked near the top of the Social Networking category of the i OS App Store, and App Annie data shows it persistently ranked among the top 30 apps in the category since its launch in late 2017.Holla launched in 2016 and connects people for random one-on-one or group video chat for dating or for discussing specific subject matter.Over video, chat and text — though rarely IRL — digital dating coaches help you create a more attractive online profile, decipher your date’s cryptic text message and boost your confidence after an unsuccessful Tinder fling.These are not substitutes for a licensed therapist, but they’re convenient.