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BUMBLE REVENUE DECLINE
Bumble swipes right on $1.3 billion go-private deal amid online dating industry resetBumble said on Tuesday it had agreed to be taken private by Ithaca Holdings in a deal valued at $1.3 billion, as the dating app pushes forw...- AI-led matchmaking apps getting all the investor loveThe surge in AI matchmaking startups has captured the interest of investors, paving the way for significant funding opportunities. These in...
- Bumble eases women-first messaging rule as dating apps seek engagement boostThe move comes as dating-app companies grapple with user fatigue toward traditional swipe-based platforms and slowing growth, prompting so...
- Match Group beats revenue estimates as Hinge grows, Tinder resets amid AI pushMatch Group's first-quarter revenue surpassed expectations. This growth was fueled by strong performance from dating app Hinge and early su...
- US stocks today: Dow Jones plunges 500 points, S&P, Nasdaq over 1% as Middle East tensions push oil prices upWall Street indexes tumbled Thursday as surging oil prices toward $100 a barrel reignited inflation fears. Financial stocks were hit hard a...
- US stock market today: Nasdaq dropped 1.9%, S&P 500 lost 1.1%, Dow slipped 0.8% — What led to Wall Street turning red and why Tesla, Nvidia, Amazon, and Palantir sankUS stock market fell hard today as AI hype cracked. The Nasdaq plunged 1.9%, the S&P 500 slipped 1.1%, and the Dow lost 0.8%. Tesla slid 3....
- Bumble shares fall over 6% on subscriber decline, AI strategy concernsShares of dating app Bumble fell over 6% in premarket trading on Thursday, as investors reacted to a drop in subscribers and concerns about...
- Bumble layoffs: Shares jumps over 19% after dating app plans to cut 30% of workforce — affecting 240 rolesBumble's shares surged over 19% after announcing a strategic restructuring plan involving a 30% workforce reduction, impacting approximatel...
- Tinder parent Match cuts 13% of workforce, forecasts revenue above estimatesMatch Group forecasted Q2 revenue above estimates and announced a 13% workforce reduction to cut costs amid a business revamp. Under new CE...
- India dominates global mobile app market in downloads, time spentIndia maintains its lead in global app downloads and usage, with 24.3 billion downloads and 1.12 trillion hours spent in 2024. However, the...
- Tinder parent Match to cut 6% jobs as activist investors seek changesMatch Group is set to reduce its workforce by around 6% and halt live-streaming on its dating apps. The changes follow pressure from activi...
- Wall St eases as investors brace for inflation dataEvidence of sticky inflation, a robust U.S. economy and pushback from some Fed officials have already led traders to delay bets of the firs...
- Instagram's algorithm offers child-sexualising reels to followers of teen influencers: ReportInstagram's algorithm, which shows reels as per the users' interest, has offered sexually explicit content, including provocative footage o...
- US stock market: Wall Street extends winning streak; eyes Fed speakers, Treasury auctions"Unless something in the economic data prompts it, you won't see them change their tone," said Stephen Massocca, senior vice president at W...
- Mingle offline: Is online dating getting outdated?Is online dating getting outdated? Six popular dating apps, including Tinder, Aisle, Truly Madly and OkCupid, have seen a drop in monthly a...
- Fall in love: Is online dating getting outdated?Some of the users, frustrated with their experience on dating apps, are moving toward offline events like singles’ mixers, and a few of the...
- Bumble posts robust quarterly revenue on sustained user spendingThe parent company of Bumble, Badoo, and Fruitz, benefited from strong user growth during the quarter as more people opted to pay to find l...
- Bumble positive on 2023 as user growth defies economic gloomThe owner of the app where women make the first move has in recent months benefited from a pullback in the U.S. dollar and new features suc...
- ETtech Evening Briefing on Feb 12, 2021: Meesho to join unicorn club, Bumble's blockbuster IPOStartup unicorns are rare, as are women in the corner office. Self-made women billionaires, who are also CEOs, are rarer still. Today, we h...
- Budget 2017 an economic management failure, says P ChidambaramThrough the year, especially 2016 calendar year, or, 2016-17 financial year, you made a series of mistakes, capped by the most terrible mis...
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