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Bumble Inc's Business Segments
Bumble Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
3
Largest Segment
Bumble App
Total Revenue
$ 211
Regions Reported
1
Revenue Share by Reportable Segment - FY
- Bumble App0%
- Non-US0%
- Badoo App and Other37.3%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Bumble App | $ 344 | - |
| Non-US | $ 246 | - |
| Badoo App and Other | $ 79 | 37.3% |
Revenue Share by Region - FY
- Non-US58%
Revenue by Geographic Region - FY
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| Non-US | $ 123 | 58% |
Revenue by Product & Service Category - FY
- Bumble App81.3%
- Badoo App and Other18.7%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Bumble App | $ 173 | 81.3% |
| Badoo App and Other | $ 40 | 18.7% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Annual Results
Revenue Share by Reportable Segment - FY
- Bumble App0%
- Non-US0%
- Badoo App and Other37.3%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Bumble App | $ 344 | - |
| Non-US | $ 246 | - |
| Badoo App and Other | $ 79 | 37.3% |
Description of Bumble Inc
Bumble app was founded because we noticed two different, yet related issues in our society: antiquated gender norms, and a lack of kindness and accountability on the internet. We observed that women were often treated unequally in society, especially in romantic relationships. At the same time, social networks created possibilities for connections, but they were focused on connections with people you already know and lacked guardrails to encourage better behavior online.
We created Bumble app to change this. The Bumble brand was built with women at the center'where women make the first move. Our platform is designed to be safe and empowering for women, and, in turn, provides a better environment for everyone. We are leveraging innovative technology solutions to create a more inclusive, safe and accountable way to connect online for all users regardless of gender.
Bumble's mission is to create a world where all relationships are healthy and equitable. Our platform enables people to connect and build healthy and equitable relationships on their own terms. We believe there is a significant opportunity to extend our platform beyond online dating into healthy relationships across all areas of life: love, friendships, careers and beyond. By empowering women across all of their relationships, we believe that we have the potential to become a preeminent global women's brand.
Technology is at the core of what differentiates our platform. We have a global team of software engineers and product managers who drive the development of our platform. We release live updates rapidly, often once a week to our mobile app and twice a day to our server backend, allowing us to run dozens of tests simultaneously across the entire audience. The rapid nature of our testing framework allows us to optimize the user experience. Our technology and product teams work hand in hand from ideation to product launch, and this has allowed us to be at the forefront of releasing features geared towards improving the safety of our community.
Our technology platform is fueled by:
Shared infrastructure: Our apps share a common infrastructure, which allows insights to be shared between apps. This allows us to quickly test new features and migrate from one app to the other. For instance, we built the video chat feature on Badoo app over a span of six months, but it took only two months to migrate that feature to Bumble app. This provides us with flexibility to share features where appropriate and improves execution at scale by driving faster improvements in our apps, while simultaneously driving operating efficiencies by reducing the cost of launching new features. Given our shared infrastructure, we can also innovate and scale efficiently as we enter new geographies and new categories outside online dating. Moreover, in seeking to acquire companies, we look for opportunities to leverage our shared infrastructure (for example, our content moderation capabilities) to accelerate their product roadmap.
Our data and machine learning capabilities: We are continually analyzing data from user interactions on our platform, allowing us to constantly optimize the user experience. We have machine and deep learning capabilities that we leverage to personalize the potential matches we display and to inform our product pipeline. We are able to also target users who are likely to purchase a subscription package or in-app feature and tailor the experience for them. Our machine and deep learning capabilities plays a key role in identity fraud prevention as well as blocking inappropriate behavior and content from polluting our platform.
Our data protection and privacy standards: We are both committed and mandated to adhere to strict privacy standards.
We created Bumble app to change this. The Bumble brand was built with women at the center'where women make the first move. Our platform is designed to be safe and empowering for women, and, in turn, provides a better environment for everyone. We are leveraging innovative technology solutions to create a more inclusive, safe and accountable way to connect online for all users regardless of gender.
Bumble's mission is to create a world where all relationships are healthy and equitable. Our platform enables people to connect and build healthy and equitable relationships on their own terms. We believe there is a significant opportunity to extend our platform beyond online dating into healthy relationships across all areas of life: love, friendships, careers and beyond. By empowering women across all of their relationships, we believe that we have the potential to become a preeminent global women's brand.
Technology is at the core of what differentiates our platform. We have a global team of software engineers and product managers who drive the development of our platform. We release live updates rapidly, often once a week to our mobile app and twice a day to our server backend, allowing us to run dozens of tests simultaneously across the entire audience. The rapid nature of our testing framework allows us to optimize the user experience. Our technology and product teams work hand in hand from ideation to product launch, and this has allowed us to be at the forefront of releasing features geared towards improving the safety of our community.
Our technology platform is fueled by:
Shared infrastructure: Our apps share a common infrastructure, which allows insights to be shared between apps. This allows us to quickly test new features and migrate from one app to the other. For instance, we built the video chat feature on Badoo app over a span of six months, but it took only two months to migrate that feature to Bumble app. This provides us with flexibility to share features where appropriate and improves execution at scale by driving faster improvements in our apps, while simultaneously driving operating efficiencies by reducing the cost of launching new features. Given our shared infrastructure, we can also innovate and scale efficiently as we enter new geographies and new categories outside online dating. Moreover, in seeking to acquire companies, we look for opportunities to leverage our shared infrastructure (for example, our content moderation capabilities) to accelerate their product roadmap.
Our data and machine learning capabilities: We are continually analyzing data from user interactions on our platform, allowing us to constantly optimize the user experience. We have machine and deep learning capabilities that we leverage to personalize the potential matches we display and to inform our product pipeline. We are able to also target users who are likely to purchase a subscription package or in-app feature and tailor the experience for them. Our machine and deep learning capabilities plays a key role in identity fraud prevention as well as blocking inappropriate behavior and content from polluting our platform.
Our data protection and privacy standards: We are both committed and mandated to adhere to strict privacy standards.
Bumble Inc. is known for its suite of dating and social networking products that empower users to connect in various ways, particularly with a focus on women’s empowerment and safety. Below are the primary segments, products, and services that Bumble, Inc. offers:
1. Bumble Dating App
This is the flagship product of Bumble Inc. and plays a pivotal role in the company’s identity:
- Women First Messaging: Unique to Bumble, this feature requires women to message first in heterosexual matches, promoting a more respectful and empowering environment for female users.
- Swiping Mechanism: Users can swipe right to like or left to pass on profiles. This gamified approach makes browsing potential matches engaging and intuitive.
- Profile Features: Users can enrich their profiles with photos, short bios, prompts, and specific interests to enhance their attractiveness and increase matches.
- Verification Process: Bumble has a verification feature that allows users to confirm their identity, thus reducing catfishing and increasing trust among users.
- Video and Voice Calls: Bumble offers video and voice call functionalities that let users interact without sharing personal contact information, thereby promoting safety.
- Rematch Feature: This feature allows users to reconnect with someone they previously matched with but didnt talk to, reviving potentially lost opportunities.
Bumble BFF
Bumble BFF is a dedicated segment of the app that focuses on helping users find friends rather than romantic partners:
- Friendship Matching: Much like its dating segment, users can swipe right to connect with potential friends. It allows people to expand their social circles, especially in new locations or during life transitions.
- Group Chat: Once matched, users can engage in group chats, helping create a more relaxed environment to form new friendships.
Bumble Bizz
This aspect of Bumble is oriented towards professional networking:
- Professional Connections: Similar to Bumbles dating format, users can create profiles focused on their professional skills and career interests to connect with potential collaborators, mentors, or business partners.
- Networking Events: Bumble occasionally hosts networking events, providing users a platform to meet and connect in person.
Bumble Hive
Bumble Hive is a physical space created for community engagement and socialization:
- Community Events: Bumble Hive serves as a venue for Bumble’s branded events, workshops, and networking opportunities, fostering community and user engagement.
- Support Groups: It often hosts panels and discussions centered around topics like dating, safety, and empowerment.
Bumble Social
To enhance user engagement, Bumble has developed Bumble Social, aimed at creating broader community interactions:
- Group Activities: This feature enables users to connect over shared activities, such as group outings, travel companionship, or community service events, fostering social engagement beyond one-on-one interactions.
- Event Planning: Bumble Social facilitates the organization of social events, helping users to meet groups of people with similar interests.
Safety Features
Bumble places a strong emphasis on user safety and well-being:
- Block and Report: Users can easily block and report suspicious behavior or accounts, fostering a safer user experience.
- Anti-Harassment Features: Bumble has developed various features intended to combat harassment and promote respectful interaction, including messaging guidelines and educational content around appropriate behavior.
- Wellness Resources: Bumble provides users with links to counseling and support services, particularly focusing on mental health and well-being.
Branding and Content Initiatives
Bumble also focuses on branding and content initiatives to align with its core values:
- Educational Content: Through blogs, video content, and social media, Bumble shares tips on dating, friendship, and professional networking, aimed at building community awareness and skills.
- Partnerships: Bumble collaborates with organizations and influencers to promote campaigns around empowerment, safety, and community building.
8. Monetization Strategies
Bumble Inc. employs various monetization strategies across its platforms:
- In-App Purchases: Users can purchase premium features such as Bumble Boost, which allows for seeing who has liked your profile and extending matches.
- Subscriptions: Bumble offers subscription tiers such as Bumble Premium, which adds additional functionalities, including the ability to rematch with expired connections and travel to different locations.
9. Bumble for Families
This initiative aims to support users looking to navigate relationships within the context of family dynamics:
- Family Orientation: Bumble’s platform offers tips and community support for users interested in dating while being a parent or managing complex family relationships.
Overall, Bumble Inc. has carved out a distinct niche within the social networking landscape by blending elements of dating, friendship, and professional networking, all while maintaining a focus on community safety and user empowerment. The company continues to evolve and adapt its offerings to meet the diverse needs of its user base.
1. Bumble Dating App
This is the flagship product of Bumble Inc. and plays a pivotal role in the company’s identity:
- Women First Messaging: Unique to Bumble, this feature requires women to message first in heterosexual matches, promoting a more respectful and empowering environment for female users.
- Swiping Mechanism: Users can swipe right to like or left to pass on profiles. This gamified approach makes browsing potential matches engaging and intuitive.
- Profile Features: Users can enrich their profiles with photos, short bios, prompts, and specific interests to enhance their attractiveness and increase matches.
- Verification Process: Bumble has a verification feature that allows users to confirm their identity, thus reducing catfishing and increasing trust among users.
- Video and Voice Calls: Bumble offers video and voice call functionalities that let users interact without sharing personal contact information, thereby promoting safety.
- Rematch Feature: This feature allows users to reconnect with someone they previously matched with but didnt talk to, reviving potentially lost opportunities.
Bumble BFF
Bumble BFF is a dedicated segment of the app that focuses on helping users find friends rather than romantic partners:
- Friendship Matching: Much like its dating segment, users can swipe right to connect with potential friends. It allows people to expand their social circles, especially in new locations or during life transitions.
- Group Chat: Once matched, users can engage in group chats, helping create a more relaxed environment to form new friendships.
Bumble Bizz
This aspect of Bumble is oriented towards professional networking:
- Professional Connections: Similar to Bumbles dating format, users can create profiles focused on their professional skills and career interests to connect with potential collaborators, mentors, or business partners.
- Networking Events: Bumble occasionally hosts networking events, providing users a platform to meet and connect in person.
Bumble Hive
Bumble Hive is a physical space created for community engagement and socialization:
- Community Events: Bumble Hive serves as a venue for Bumble’s branded events, workshops, and networking opportunities, fostering community and user engagement.
- Support Groups: It often hosts panels and discussions centered around topics like dating, safety, and empowerment.
Bumble Social
To enhance user engagement, Bumble has developed Bumble Social, aimed at creating broader community interactions:
- Group Activities: This feature enables users to connect over shared activities, such as group outings, travel companionship, or community service events, fostering social engagement beyond one-on-one interactions.
- Event Planning: Bumble Social facilitates the organization of social events, helping users to meet groups of people with similar interests.
Safety Features
Bumble places a strong emphasis on user safety and well-being:
- Block and Report: Users can easily block and report suspicious behavior or accounts, fostering a safer user experience.
- Anti-Harassment Features: Bumble has developed various features intended to combat harassment and promote respectful interaction, including messaging guidelines and educational content around appropriate behavior.
- Wellness Resources: Bumble provides users with links to counseling and support services, particularly focusing on mental health and well-being.
Branding and Content Initiatives
Bumble also focuses on branding and content initiatives to align with its core values:
- Educational Content: Through blogs, video content, and social media, Bumble shares tips on dating, friendship, and professional networking, aimed at building community awareness and skills.
- Partnerships: Bumble collaborates with organizations and influencers to promote campaigns around empowerment, safety, and community building.
8. Monetization Strategies
Bumble Inc. employs various monetization strategies across its platforms:
- In-App Purchases: Users can purchase premium features such as Bumble Boost, which allows for seeing who has liked your profile and extending matches.
- Subscriptions: Bumble offers subscription tiers such as Bumble Premium, which adds additional functionalities, including the ability to rematch with expired connections and travel to different locations.
9. Bumble for Families
This initiative aims to support users looking to navigate relationships within the context of family dynamics:
- Family Orientation: Bumble’s platform offers tips and community support for users interested in dating while being a parent or managing complex family relationships.
Overall, Bumble Inc. has carved out a distinct niche within the social networking landscape by blending elements of dating, friendship, and professional networking, all while maintaining a focus on community safety and user empowerment. The company continues to evolve and adapt its offerings to meet the diverse needs of its user base.
