INVESTING.COM - Bumble is overhauling its app ecosystem and shifting marketing strategies to attract more users, though some analysts warn this could weaken its core women-first approach. The company reported a 1% decline in Q3 2024 revenue, with $274M in total revenue and $220M from the Bumble app. Paying users grew by 11% to 4.3M. Bumble is targeting international markets and diversifying with features like Bumble For Friends, but it faces stiff competition from Match Group and ongoing revenue pressures, with analysts projecting further declines in the near term.
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