AUSTIN, Texas–(BUSINESS WIRE)–Bumble Inc. (NASDAQ: BMBL), today announced its intention to acquire Geneva, the group and community app for people to connect based on shared interests.
Bumble Inc. was founded as a connection company with the mission to create experiences that foster healthy and equitable relationships. The Bumble Inc. portfolio encompasses Bumble, Badoo, and Fruitz for dating, Official for committed relationships, Bumble For Friends for friendships, and Bumble Bizz for professional networking to build connections for its community of customers throughout their lives.
Through the planned acquisition of Geneva, Bumble Inc. aims to rapidly expand the Bumble For Friends experience from one-to-one connections to groups and communities to serve the many ways people seek friendships. This experience – like all others on Bumble Inc.’s platforms – will be centered on creating kind and safe spaces for connection.
The acquisition is anticipated to close in Q3 2024, subject to customary closing conditions.
About Bumble
Bumble Inc. is the parent company of Bumble, Bumble For Friends, Badoo, Fruitz, and Official. The Bumble platform enables people to build healthy and equitable relationships, through Kind Connections. Founded by Whitney Wolfe Herd in 2014, Bumble was one of the first dating apps built with women at the center and connects people across dating (Bumble Date), friendship (Bumble For Friends), and professional networking (Bumble Bizz). Badoo, which was founded in 2006, is one of the pioneers of web and mobile dating products. Fruitz, founded in 2017, encourages open and honest communication of dating intentions through playful fruit metaphors. Official is an app for couples that promotes open and honest communication between partners and was founded in 2020.
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