Badoo Now at $150 Million in Revenue Annually and is Profitable

General News
  • Contributed by:
  • Views: 3,255
Badoo was founded in 2006 by Andrey Andreev. This dating site which is based in St Petersburg, Russia has become a popular choice for singles in Brazil, Mexico, France and Spain. Baboo has their eyes next on the US and UK dating market. Currently they have almost 140 million registered members from all over the world. The dating site currently adds 150,000 new members a day and currently has around 35 million active users every month.

Badoo reports to earn $150 million a year now and says they have been profitable for the last 2 years. They do not make money from advertising but instead rely on their members to advertise themselves. For example, a member of Badoo can pay a small fee to rise to the top of the search results. Members of Baboo can access the site from their computer and mobile phones including the iPhone, Android and Blackberry.

Baddo also announced that 12 percent of their members have found a serious relationship on their service, with 2 percent of those having eventually married.

For more on the story you can read The Telegraph. To find out about this social dating site you can read our Badoo review.