TECH CRUNCH - Aug 23 - Match Group offered to acquire Bumble for $450 million over the summer, according to sources close to the deal. Bumble launched in 2014, reached 1M users within a year of launch and reportedly has 18M registered users now. Since, they launched BumbleBFF (a service for meeting new friends) and BumbleBiz (for professionals looking for a new job) and introduced paid features. A source close to the company estimates the value of Bumble at over $1B.
by Fitz Tepper
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Summarized by the Courtland Brooks team
