Category: Bumble

The Cost of Finding Love Through Dating Apps

Posted on April 2, 2021

Dating appsNEWSANYWAY – Apr 2 – Which app is the best value for money when it comes to finding a perfect match?

Tinder Gold (1 month) – £7.49 per month – The cheapest app, and the one that dominates the field, is Tinder. Generally speaking, Tinder is thought to be great for young people, especially those who live in big cities and are on the lookout for a more casual dating experience.
Hinge Preferred (1 month) – £19.99 – Hinge is generally targeted at 18–35 year-olds, but unlike Tinder, it's associated more for those who are looking for a serious relationship.
Bumble Boost (1 month) – £20.99 – Bumble still generally falls into the same category of being perfect for young daters who are looking for some flirty messaging and casual dating.
Match.com Premium (1 month) – £29.99 – Match.com is considered one of the more mature dating apps, although it is targeted at millennials and older generations alike.

See full article at News Anyway

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“Safety Is Our Number One Priority”, Priti Joshi, Bumble

Posted on March 25, 2021

Bumble priti joshiBUSINESS INSIDER – Mar 25 – After its anti body-shaming policy, Bumble has come up with a safety guide for women to combat online harassment. It has launched an initiative in partnership with Safecity, Red Dot Foundation's flagship public safety platform, to take a stand against racist, harassing, hate-driven speech, and bullying. The safety guide is aimed at equipping women to understand and recognize online harassment, suggestions on how to tackle difficult situations and resources available to prevent and combat digital abuse.

by Samarpita Banerjee
See full article at Business Insider

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Bumble Launches Guide for Online Safety

Posted on March 24, 2021

Bumble safety initiativeLIVEMINT – Mar 24 – Bumble has launched a safety guide as part of a new initiative called 'Stand for Safety', in partnership with public safety platform Safecity, owned by Red Dot Foundation to help women in India identify, prevent, and combat rising digital abuse. A recent survey by the dating app had found that 83% of women in India experience online harassment of some kind, and one in three women experience on a weekly basis. Further, 70% of women believe that cyberbullying has increased since lockdown was announced in 2020.

See full article at Livemint

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Dating Apps Thriving Amid Pandemic

Posted on March 24, 2021

Dating-apps-on-screen-2020APN NEWS – Mar 23 – According to data by Finaria.it, the combined revenues of the top five dating apps globally hit $100M in January. As the most-profitable dating app, Tinder generated $64.6M in revenue that month. Tinder in-app purchase revenues skyrocketed by 250% in three years, jumping from $403M in 2017 to $1.4B in 2020. Bumble ranked as the second-most-profitable dating app, with $18.6M in revenue and 1.8M downloads in January. Bumble users spent $210M on in-app purchases in 2020, six times less than Tinder users. Hinge, Badoo, and Match followed with $8.4M, $5.1M, and $4.3M in revenue in January.

See full article at APN News

The Post-Pandemic Future of Online Dating

Posted on March 18, 2021

Dr jess carbinoINSIDEHOOOK – Mar 18 – In short, in the age of COVID-19, all dating is online dating. From the earliest days of the pandemic, people have flocked to dating apps like never before. Dr. Jess Carbino, a former expert for both Tinder and Bumble, talks about what we can expect from dating apps post-pandemic. According to Carbino, the pandemic may have converted the last of the dating app skeptics, and the popularity of the video date represents one of the most significant changes to dating app culture since the start of the pandemic. Carbino doesn't see online dating weathering any significant post-COVID comedown. According to Carbino, so-called "dating app fatigue" has only ever been a veil for more generalized dating frustration, the same kind that has plagued daters for generations. "Rather than saying, 'I'm very tired of dating right now,' they say, 'I'm very tired of online dating,' because that's how they're meeting people," says Carbino.

by Kayla Kibbe
See full article at InsideHook

Bumble’s Quiet Period Will End on March 23rd

Posted on March 16, 2021

Bumble logo 2020MARKETBEAT – Mar 16 – Bumble had issued 50M shares in its IPO on February 11th. The total size of the offering was $2.2B based on an initial share price of $43.00. During the company's quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any research reports or earnings estimates for the company. Following the end of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company. BMBL opened at $73.47 on Tuesday. It has a 1-year low of $57.53 and a 1-year high of $84.80.

See full article at MarketBeat

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Bumble Boost Is Getting Revamped

Posted on March 15, 2021

Bumble boostBUSINESS INSIDER – Mar 13 – Bumble Boost is a paid subscription that gives unlimited swiping, swipe undos, and more. The subscription is getting revamped to include even more features, and Bumble is also adding a higher tier, Bumble Premium. Bumble Boost and Premium aren't available to everyone. iPhone users can get Boost and Premium anywhere, but Android users will need to be in Australia, New Zealand, or the UK. Bumble Boost now offers: Backtracking (undo an accidental left swipe); Unlimited 24-hour match extensions (Bumble normally gives users 24 hours to send a message after a match is made before it disappears); Unlimited swipes; One Spotlight a week; Five SuperSwipes per week. Bumble Premium includes: Access to Beeline (a list of everyone who's swiped right on you); Rematches with expired connections; Unlimited access to advanced filters; Travel Mode; Incognito Mode (Your profile will only be visible to users you have swiped right on).

by Melanie Weir
See full article at Business Insider

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Bumble Launches New Night in Feature to Break the Ice on Virtual Dates

Posted on March 12, 2021

Bumble night inTHE VERGE – Mar 12 – Bumble is introducing Night In, a new feature that lets users play games on virtual dates. The feature is available in the US and Canada, and the game available at launch is a series of trivia questions they can answer together.

by Jon Porter
See full article at The Verge

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Bumble Demand Will Extend Well Beyond Dating, Says CEO

Posted on March 12, 2021

BLOOMBERG – Mar 11 – Whitney Wolfe Herd, founder and CEO of Bumble, discusses the company's Q4 results and its outlook for 2021. She also talks about the rise in users looking for more serious relationships and the app's focus on "Bumble BFF."

See full article at Bloomberg

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Bumble’s Q4 and Full Year 2020 Results

Posted on March 11, 2021

Bumble logo 2020BUMBLE – Mar 11 – Full year 2020 revenue increased to $582.2M from $488.9M in 2019, with $110M net loss. Q4 revenue increased 31% to $165.6M (Bumble – $105.8M, Badoo and other $59.8M). Total paying users increased 32% to 2.7M. 2020 Net loss was $110.2M. Bumble anticipates Revenue and Adjusted EBITDA for the Q1 2021 and year 2021 to be: Q1 2021 revenue – $163 to $165M, Q1 2021 Adjusted EBITDA – $41 to $42M. Full year 2021 revenue – $716 to $726M, Adjusted EBITDA – $173 to $178M.

See full article at Bumble

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