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Match Group vs. Bumble: Who’s the Better Purchase? After finally unveiling its financials, listed here is just how Bumble stacks up against Match

Posted by / April 16, 2021 / Categories: smooch dating / -

Match Group vs. Bumble: Who’s the Better Purchase? After finally unveiling its financials, listed here is just how Bumble stacks up against Match

After finally unveiling its financials, listed here is just just just how Bumble stacks up against Match.

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The second-largest dating software by market size, Bumble, circulated its S-1 this week in front of its IPO, and there is lots to be worked up about. But how exactly does the corporation’s fast-growing, women-first approach fare contrary to the internet dating conglomerate Match Group (NASDAQ: MTCH)? Here is a glance at both.

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Bumble

Bumble had been launched in 2014 by Whitney Wolfe Herd after her unpleasant departure as a very early worker at Tinder. Six years later on, Bumble now runs two main apps that are dating Bumble and Badoo. Bumble is just a fast-growing female-centric relationship software that needs females to message first, whereas Badoo is really a much older and much more mature company that helped initially pioneer the internet dating market. A merger in 2020 brought the two apps together underneath the “Bumble” brand name; they now tout significantly more than 40 million combined users and 2.4 million users that are paying. Yet, contrary to its namesake, a lot of the paid and free users are now actually related to Badoo.

The combined entity grew revenue 36% to $489 million for the full 2019 fiscal year. Continue reading →