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Bumble Q2 Results: 18% Revenue Growth

Aug 9, 2023
< 1 minute read

Short summary:

– Bumble Inc has shared its financial results for the second quarter of 2023.
– The dating brand’s total revenue increased 18%, with growth in paying users.
– Bumble’s app revenue grew 23% to $208 million, while Badoo grew 2% to $51.8 million.
– The number of paying users on Bumble rose 28% to 2.5 million, with the total number increasing from 3 million to 3.6 million.
– The founder of Bumble Inc, Whitney Wolfe Herd, believes that the company achieved a strong quarter due to the creation of goodwill.
– Bumble successfully launched BFF as a standalone offering and expanded its app portfolio.

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