Bumble

Bumble Shares Jump After First Quarter Earnings Report

Bumble
  • Friday, June 03 2022 @ 10:06 am
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Shares of dating company Bumble Inc rose 11 percent after news of the company’s earnings were released, with revenue beating analyst expectations.

According to Reuters, the number of total paying users across Bumble properties increased by 7.2 percent to 3 million during the first quarter of this year, increasing revenue to $211.2 million, surpassing analyst expectations of $208.30 million. Bumble apps include its signature apps, Badoo, and French dating app Fruitz among others.

Research firm Apptopia also found that Bumble downloads in the U.S. increased 20.6 percent during the first quarter, and monthly average users rose 13.7 percent compared to the same quarter last year.

Dating App Users Want Digital Consent When Communicating with Matches

Bumble
  • Thursday, May 19 2022 @ 08:08 am
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Women upset over Photo on Phone

Many dating app users have complained about getting unsolicited nude photos, and are now demanding digital consent before a communicating with a match.

Dating apps have been struggling with what to do about this issue for a while, but since the pandemic attracted many new users to dating apps, the problem has grown. According to The New York Post, A World Wide Web Foundation survey found that 52 percent of young women and girls said they had experienced online abuse, including threatening messages, sexual harassment and being sent lewd photos without consent. A whopping majority of 87 percent said they believe the issue is only getting worse. 

Dating app Bumble launched a feature called Private Detector to counteract this problem. Private Detector works with AI to detect when a nude photo is sent and blurs the picture before the recipient can see it, allowing them to block and report the user without having to see it first.

Bumble Launches Online Trauma Support With Bloom

Bumble
  • Thursday, May 12 2022 @ 08:39 am
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Bumble Parnters with Bloom
Image: Bumble

Bumble Inc has taken a big step in assisting users who have experienced sexual assault and abuse through its new online trauma support center, created in partnership with Bloom and now available to users of its Bumble and Badoo dating apps.

The support center offers online courses to help with emotional healing, and is available to users who report sexual assault or relationship abuse over the apps. They will receive a code for free access to a customized version of Bloom’s support specific to daters, with three self-guided courses: Healing from Sexual Trauma; Society, Patriarchy, and Sexual Trauma; and Dating, Boundaries, and Relationships. The dating apps will also offer one-on-one chat support and up to six therapy sessions for certain cases.

Kenya Fairley, Bumble’s Head of Member Safety Support said in a statement: “We are grateful to be able to remove many known barriers that survivors face when seeking trauma support, from privacy to cost, to allow them the opportunity to begin their healing journey at their own pace."

Sending Unsolicited Nude Photos Will be Illegal in Virginia Thanks in Part to Bumble

Bumble
  • Wednesday, May 04 2022 @ 04:07 pm
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Dating app Bumble has been urging states to pass bills similar to the one it initiated in Texas, which makes it illegal for people to send unsolicited nude photos electronically. In mid-April, Virginia passed such a bill into law.

According to the new law, any adult sending an unsolicited “intimate image” electronically to another adult could be fined up to $500. The law defines intimate image as a “photo, film, video, recording, digital picture or other visual reproduction of a person 18 years of age or older who is in a state of undress so as to expose the human male or female genitals.”  

USA Today spoke with Bumble about how company's head of public policy for the Americas, Payton Iheme, reached out to Virginia Senator Jennifer McClellan for help with the legislation, since the company had success a few years ago passing a similar bill in Texas. The Virginia Senate had voted down another lewd photos bill two years before that carried criminal penalties, but since the new bill introduced civil penalties only, lawmakers felt more comfortable passing it into law.

Gucci and Bumble Partner to Support Women Entrepreneurs 

Bumble
  • Wednesday, April 06 2022 @ 10:36 am
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Bumble dating app has partnered with Gucci to help support female entrepreneurs, furthering its mission to empower women not only in their personal lives but professional careers. The move was announced at a kick-off party for this year’s SXSW conference in Austin, Texas, where Bumble has its headquarters.

The two companies held a joint event at a downtown Italian restaurant to highlight female innovators across fashion, technology, film, and music, according to Vogue. The event specifically supported the work of DivInc, “a Texas-based non-profit that works to achieve greater social and economic equality” through supporting those who are starting their own businesses. The non-profit is set to start its new Tech Accelerator Program to benefit women who are just starting out. Bumble and Gucci partnered for the event through their joint campaign called Chime for Change, which promotes gender equality.

Gucci was also celebrating the launch of its new store in downtown, Austin.

New Dating Apps Focusing on In-Person Events

Bumble
  • Monday, April 04 2022 @ 09:34 am
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Thursday Dating Service Homepage

New dating apps like Thursday and POM are focusing their efforts on pandemic-weary singles ready to connect via in-person events.

According to a profile of the apps in Business Insider, the apps’ founders saw opportunity as singles grew tired of virtual dating during pandemic lockdowns. As restrictions are starting to lift across the globe, singles are eager to mingle in person again, which is providing new opportunities.

London and New York have both become test cities for Thursday’s events, according to Business Insider. The app has been hosting events in these locations, up to 15 per week that are surpassing venue capacity. This might change in the coming weeks with the latest Omicron surge, but so far it hasn’t slowed the company down.

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