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Following the acquisition, Paktor Group CEO Joseph Phua will take on the role of CEO at 17 Media, while Mr Jeffrey Huang, founder of 17 Media, will remain as chairman.
Mr Phua described the acquisition as "a significant milestone" for Paktor, which will help to expand the 17 app into its existing markets.
It allows potential suitors see each other naked before they actually meet in person.
The first show of series one featured an average of five penises and two vaginas every minute, with a total of 282 shots of male genitalia and 96 female.
It will also feature contestants who are transgender and pansexual - who are attracted to others regardless of their gender identity or biological sex.Last year the show shocked and entertained viewers in equal measure, with thousands complaining about its uncensored content online and media guardians branding it the ‘worst programme ever shown on TV'.Hosted by Anna Richardson, Naked Attraction sees contestants stripping bare, 'to explore the science of raw primitive attraction' and hopefully find love.SINGAPORE: Singapore-based dating app Paktor announced on Thursday (Dec 8) that it has agreed to acquire a controlling stake in Taiwanese start-up 17 Media, which owns a photo-sharing and live streaming app that has over 15 million users worldwide.The deal marks Paktor's first acquisition and comes as the homegrown start-up looks to diversify into the social entertainment space.