Bumble reported sales of $232.6 million, below analyst expectations of $237.4 million, though it made a larger-than-expected profit. Management issued fourth-quarter guidance of $234.5 million, at the midpoint of the range, partially because of new-product delays. Bumble’s stock initially fell 17% in after-hours trading after the release, before rebounding. Exclusive features for businesses to get to market faster with brands, templates and shared projects. Older women have more life experience than younger women. They better understand themselves and what they want from life, which can make for a more meaningful and fulfilling relationship.

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By putting some hard limits on usage, Thursday’s pitch is that service scarcity can fix some of the problematic issues of overuse which can plague dating apps — leading to dating indecision and swipe fatigue. In 2021’s third quarter, Bumble reported that it had 2.866 million total paying users across its dating apps — a 19.5% year-over-year increase but a 2% decline from the second quarter. However, average revenue per paying increased 18.5% compared to 2020, resulting in an overall increase in revenue. With many of the dating apps we promote, there seems to be a trend where shorter term subscription plans are more expensive comparatively over time and offer fewer features compared with plans that span longer timeframes.

People were outside more, enjoying walks, hikes and picnics. Another aspect of pandemic life is that people arrived at a new level of awareness about each other. The world was given a glimpse into the homes and everyday lives of celebrities and public figures.

Although Bumble is best-known as a dating app, it offers more than the opportunity to pursue romance. Bumble BFF is “a simplified way to create meaningful friendships,” per its website. Bumble Bizz is the career networking version, allowing professionals to connect, share and learn from each other. EHarmony is a dating app where there’s not a focus on casual dating or encounters but instead a strong focus on bringing together couples for serious relationships that go the distance! The eHarmony sign-up process is extensive, but it lays the groundwork for customers to find a soulmate, a life-long partner, or someone worth marrying. Like Tinder and Hinge, Bumble has seen a surge in users during the pandemic, as lonely singles look to occupy their time and find love during nationwide lockdowns and shelter-in-place orders.

Bumble Stock: Bear vs. Bull

Bumble and Match both trade at 13 times this year’s sales. Match is more profitable than Bumble and has higher adjusted EBITDA margins, but its business is also more mature and has less room to grow. Match’s revenue rose 17% to $2.4 billion in 2020, and analysts expect 26% growth this year.

Match’s number of paying users rose 15% year-over-year to 15 million — including 9.6 million Tinder payers — in the second quarter of 2021. Its total RPP increased 10% year-over-year to $15.46, with its portfolio of „emerging” apps generating stronger RPP growth than Tinder. Now, CEO George Arison didn’t seem to didn’t seem worried, calling this a long term play and telling CNBC that Grindr makes money every month. And because users love the business, they spend no money on marketing and that their margins and growth are strong. Yahoo Finance Live examines shares of dating app Grindr on the same day of its market debut via a SPAC deal. Bumble’s growth in the past few years has also marked a change in attitudes towards dating, as people have started to turn away from the casual hook-up culture of Tinder.

Higher Bond is a brand new Christian dating app designed for singles who “value faith as the driving force behind their relationship decisions.” If that sounds like what you’ve been looking for, then this is a must-try for you. Dating apps don’t just cater to the young and tech-savvy anymore. SilverSingles, part of the prominent Spark Network brand of apps, is exclusively for singles 50 years and older.

Are online dating stocks right for you?

And worst of all, expect to encounter more fake profiles, scammers, and catfish. Thursday says there are “a limited number” of VIP memberships available. The pledge is that any such abusive users will be blocked and unable to return. View stories on our mobile app and tune into our weekly podcast. Receive a summary of the day’s top tech news—distilled into one email. All the latest and greatest local sports headlines straight to your inbox.

As a business owner, relationship strategist, dating coach, and US Army Veteran, Jason enjoys sharing his unique knowledge base with the rest of the world. While we think it would be super awesome if you could just blindly trust everything you read on the internet, it’s sadly not the case. For that reason, we think it’s extremely important that online websites take the time to explain how they reach conclusions and the exact process they go through to determine what makes something the best of the best. Given the accelerated usage timeframe and the vanishing messages, Thursday clearly needs to pay careful attention to user security. Thursday users are encouraged to only log on in the morning if they are free that evening to go out on a date.

OkCupid established itself on its data-based matching formula, which means you can answer a lot of granular questions about your interests, beliefs, and life goals—all on the free version. The company shares fascinating human-nature insights pulled from questionnaire data on their blog too. Dineen also likes Hinge, another popular option on our list, where “you’ll find users from 18 to 50” looking for love. But your odds are solid on any platform if you’re willing to put in the effort, she adds.

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Bumble’s market share in the U.S. has also nearly doubled from 10% in 2015 to 19% in 2020, according to Sensor Tower. That puts it firmly in second place behind Tinder, which held a 40% share last year. AARP is a nonprofit, nonpartisan organization that empowers people to choose how they live as they age. Your account will be charged for renewal 24 hours before the end of the current period. You can manage your subscriptions and turn off auto-renewal by going to Payments & Subscriptions and then Subscription. Open your image file to the full size using image processing software.

Bumble’s paying users rose 36% to 1.47 million, while Badoo’s paying users grew 7% to 1.45 million. Bumble’s revenue increased 19% to $582.2 million in 2020. It expects its revenue to rise 29%-31% this year as more businesses reopen and people start going out again. For cost savings, you can change your plan at any time online in the “Settings & Account” section. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial.