Badoo

 

Badoo Summary

Badoo.com is a fast-growing social dating service with more than 410 million members all around the world. With a visually appealing layout and an emphasis on simplicity, this is an easy site to use if you’re new (or not) to online dating. With Badoo Live you will also find many members streaming video of their daily life which you can interact with.

Regions: United States, Canada, United Kingdom, International

Service Type: Android App, General, iPhone / iPad App, Popular, Social Dating, Video Streaming, Website

Looking For: Dating, Friends

To find out what this service provides you can check out our complete list of Badoo.com features.

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Andrey Andreev Sells His Stake in Parent Company of Bumble and Badoo

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Blackstone Acquires Majority Stake in MagicLab
Blackstone Acquires Majority Stake in MagicLab

Russian billionaire Andrey Andreev is ending his relationship with MagicLab, the company that owns Bumble, Badoo, Chappy and Lumen. Andreev is set to sell his majority stake in MagicLab to Blackstone in a deal that values the company at $3 billion. As part of the transaction, Andreev will step away from the business and Bumble founder Whitney Wolfe Herd will take over as CEO.

In a prepared statement, Andreev said:

Blackstone presented MagicLab with a great opportunity to further develop the brands and platform, and I am confident Blackstone will take MagicLab to the next level in terms of growth and expansion. I am incredibly proud of the company, and of how we have connected millions of people around the world. At MagicLab, I have had the pleasure of working with some of the best and most talented entrepreneurs. My aim now is to ensure a smooth and successful transition before I embark on a new business venture in search of innovative leaders with new and exciting ideas. I am grateful for all the support of my partners and employees over the years as we couldn’t have gotten to this point without them. I wish MagicLab and Blackstone every success.

Badoo Releases 'The Truth Flirts' Podcast With Spice Girl Mel B

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Badoo and Mel B Partners with a Podcast
Badoo and Mel B Partners with a Podcast

Badoo is the latest dating service to venture into the world of podcasting with a new show that takes an honest look at the highs and lows of modern romance. “The Truth Flirts” is an eight-episode series hosted by Melanie Brown, aka Mel B or the Spice Girl formerly known as Scary.

Speaking to the British newspaper The Independent, Brown revealed that she doesn’t currently use dating apps because she is “perfectly happily single” but that she finds the concept “fascinating.”

“I was on a dating app a couple of years ago but that was because my friend set my profile up as a joke,” she said. “It was a picture of me and my friend and I would scroll through it on a Thursday or Friday night and see how people reacted. It was fun at the time. I understand why people find it quite addictive.”

Bumble CEO Receives Over 4 Million Pounds from Magic Lab Dividend

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Bumble founder Whitney Wolfe Herd has secured a 4 million pound dividend payout from parent company Magic Lab, who saw record earnings thanks to its star dating app.

According to The Telegraph, the Bumble windfall is the result of a dividend payout of 20 million pounds from its parent company, and Herd owns about 20% of Bumble. Magic Lab saw earnings skyrocket at the end of 2018 to about 270 million pounds, up 51 percent from the year before. This quarter, the company reported a loss of about 4.8 million pounds.

Bumble’s revenue made up about 48 percent of Magic Lab’s overall business.

New Study Finds Dating Apps Have More Access to Personal Information Than You Think

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Dating app users often don’t realize how much personal information they are giving away just by signing up. But Datingroo, a U.K.-based online dating research company, has released a new study that shows exactly how little privacy most dating app users have.

Datingroo studied the ten most popular dating apps from Tinder to PlentyofFish to eHarmony, examining 45 personal data access points in 13 categories such as precise location, other accounts on the device, network connections, and modification or deletion of the contents on USB storage, and found some surprising results.

Among all the apps, Badoo and PlentyofFish have access to the most data in user’s devices (92% of all access points studied). Combined, they have more than 522 million users worldwide, which means they have access to an enormous amount of information. Coffee Meets Bagel has the fewest users (7 million), as well as the least data access.

Bumble CEO Speaks Out Against Toxic Culture of Parent Company Badoo

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Bumble CEO Whitney Wolfe
Bumble CEO Whitney Wolfe

Bumble CEO Whitney Wolfe Herd spoke out against parent company Badoo in the wake of allegations made by more than a dozen employees that it promoted a toxic work culture, especially for women.

An exclusive by Forbes revealed allegations made by thirteen former Badoo employees who worked at the company’s London headquarters, citing a sexist office culture with drug-fueled parties, employees naming engineering updates after porn stars, and a widely circulated video of an employee receiving oral sex from a prostitute.

Forbes also said the employees specifically named Badoo owner Andrey Andreev, who also owns a majority stake in Bumble, of making derogatory comments around race and physical appearance.

Badoo Employees Reveal Toxic Work Environment in 'Forbes' Expose

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Does Badoo have a toxic work enfiroment?

Thirteen former employees are speaking out about Badoo, Andrey Andreev’s dating-focused social network and parent company to Bumble. In an expose published by Forbes, the employees describe a lengthy history of workplace misconduct, including sexism, racism, drug use, wild parties and a possible tax evasion scheme.

Many of the lurid details revealed in the Forbes report occurred during Badoo's period of rapid growth from 2010 to 2012. Badoo launched its iPhone app in 2010. The following year, the company soared from 20 million user signups to 100 million in four months, and earned $200 million in revenue. As Badoo grew, so did its salacious reputation. It is estimated that in 2018, Badoo had just over $300 million in revenue.