SENSORTOWER - Nov 13 - The top grossing dating app worldwide for Oct 2019 was Tinder with ~$88.7M in user spending, which represented 18% growth from Oct 2018. ~43% of Tinder's revenue was from the U.S., followed by 7% from UK and 5% from Australia. Bumble was #2 with ~$20M in gross revenue, which represented 44% growth YOY. 77% of Bumble's revenue was from the U.S., followed by 9% from UK. The next top grossing app was Tantan, followed by Pairs and Badoo.
145 posts categorized "Badoo"
OPW Podcast - The Top Dating Industry News for Nov 12th
OPW - Nov 12 - Match Results, Magic Lab Acquisition, The Meet Group, Facebook & Tinder whitelisting.
For the top weekly dating industry news in ~2 minutes subscribe to OPW's Two Minute Tuesdays (TMT) podcast on Breaker, Google podcasts, Spotify, Anchor or Stitcher.
| |
Andrey Andreev Sells Stake of Bumble's Parent Company MagicLab to Blackstone
TECH CRUNCH - Nov 9 - Andrey Andreev, the founder of Badoo, is selling his entire stake in MagicLab, the company that owned both Bumble and Badoo (and other dating apps), to Blackstone, which is one of the world's leading investment firms. He will step away from the business in the process, and Wolfe Herd, Bumble's founder, becomes the CEO of the whole company, retaining much of her stake in the business. That stake is at ~19%. The deal values MagicLab at $3B. Blackstone also will be making an investment in the company as part of the deal.
by Ingrid Lunden
See full article at Tech Crunch
See all posts on Badoo
See all posts on Bumble
This post also appears on InternetDatingInvestments.com
| |
Mark Zuckerberg Let Tinder Get Special Access to Users' Data
FORBES - Nov 8 - Facebook CEO Mark Zuckerberg considered entering the online dating business as far back as 2014, but he put the idea on the back burner, instead giving Tinder special access to its users' data, leaked emails between top executives show. The leaked correspondence is part of an ongoing lawsuit between Facebook and Six4Three, a now-defunct app developer that sued Facebook in 2015 for restricting user data access, alleging the actions were uncompetitive. The correspondence shows how perilously close Tinder came to losing key access to Facebook user information that helped Tinder grow rapidly in its early years, when members often used their Facebook logins to access the app. When Facebook further restricted the kind of information third-party apps could access after the Cambridge Analytica scandal broke in March 2018, Tinder's app crashed. Tinder was on Facebook's radar in 2013. Zuckerberg wrote in January 2014 to two executives: "Tinder's growth is especially alarming to me because their product is built completely on Facebook data, and it's much better than anything we've built for recommendations using the same corpus." In 2014, Facebook announced it would start preventing third-party app developers from having access to data on users' friends, including birth dates, photos and pages they liked. The company gave a May 2015 deadline for developers to comply with its new set of access rules. However, Zuckerberg made some companies and apps an exception. Tinder was one. Facebook agreed to give Tinder a special data-sharing agreement, internally known as "whitelists," if the dating app shared trademark rights on "MOMENTS." which was the planned name for a photo app that Facebook wanted to launch, an email exchange in March 2015 showed. When asked about this agreement in 2018, a spokeswoman for Tinder said: "Tinder never received special treatment, data or access related to this dispute or its resolution." Other dating apps that had whitelist agreements with Facebook include Bumble, Badoo, Coffee Meets Bagel, Hinge and jSwipe.
| |
CMO of Badoo at ad:tech About LGBTQ+ Support
TECHERATI - Oct 21 - Dominic Gallello is the CMO at Badoo. In this interview for ad:tech London, Dominic talks about Badoo's support of the LGBTQ+ community, the male mental health crisis, whether we can use technology to facilitate change.
| |
Mel B to Launch a Dating Podcast With Badoo
INDEPENDENT.CO.UK - Oct 17 - Melanie Brown, aka Mel B, has ventured into the podcasting world with a new series "The Truth Flirts", created by dating app Badoo. Each week, Mel B will be joined by a panel of celebrity guests to discuss the highs and lows of dating. Guests reveal their truthful opinions on topics from ghosting to gold diggers, politics to parenthood. Mel B revealed that she isn't on dating apps herself but finds the concept "fascinating".
| |
Badoo's First Dating Show - Badoo Dating SOS
THE SCOTTISH SUN - Oct 8 - A woman who was branded fat on a Tinder date gone wrong is starring in a rival app Badoo's new online dating show - Badoo Dating SOS. Jade Savage, 28, spent four hours travelling to see a man she had met online but he insulted her as she walked out of the train station. The creep told curvy size-14 Jade she had "put some weight on" and accused her of looking nothing like she had on a previous date - just four weeks earlier. Jade managed to raise £1K on a GoFundMe page, which she set up as a joke, to get her wasted £93 that she spent going on her date. The Badoo online show sees Jade go on two dates with men that the dating app experts have chosen for her.
| |
Bumble Founder Gets £4M Dividend Ahead of Potential Float
TELEGRAPH.CO.UK - Oct 6 - Bumble CEO & founder Whitney Wolfe Herd enjoyed a £4M dividend ahead of a possible float for the firm's parent company. Badoo is the UK-headquartered majority owner of Bumble, which also controls gay dating app Chappy and over 50s app Lumen. Wolfe Herd owns ~20% of Bumble. According to UK accounts for Badoo, Bumble now makes up 48% of the business, making it the crown jewel in Mr Andreev's dating empire. Andreev snapped up a 79%c stake in Bumble and has bankrolled founder Ms Wolfe Herd, creating a rival to Tinder. Badoo has been rumoured to be preparing for a US listing itself, with its Bumble asset valued on its own at north of $1B.
by Matthew Field
See full article at Telegraph.co.uk
See all posts on Badoo See all posts on Chappy
See all posts on Bumble See all posts on Lumen
| |
Top Dating Apps Worldwide for September
REPUBLIC WORLD - Oct 6 - Tinder was the most downloaded app in the online dating category during September 2019, according to research firm Sensor Tower. Tinder had close to 5.5M installs in September, resulting in a total of 4% increase from the same period last year. Badoo was the second most installed dating app worldwide. Tantan, MeetMe, and Happn rounded out the top five most installed dating apps worldwide for the month. Here is the full list of top 10 dating apps.
| |
Tinder Is Now the Top Dating App in Thailand
BANGKOKPOST - Aug 19 - In Thailand, Badoo was once the most downloaded dating app, but has been overtaken by Tinder. To Tinder, this is a surprising achievement because Asia was not their target market when the app was introduced in 2012. Seeing the high demand in Asia, Tinder is now working on building a new version of the app called "Tinder Lite". Tinder Lite will be 25% faster while consuming 20% less battery on devices and it will take up 25-times less storage space on Android device. Match Group believes Asia will comprise 25% of Tinder's total revenue by 2023.
by Sopheavuthtey Borin
See full article at Bangkok Post
See all posts on Match Group
See all posts on Tinder
See all posts on Badoo
| |
Emogi Rebrands to Holler, Integrates With Badoo
MEDIA POST - Aug 8 - Emogi, a tech company that creates visual content for messaging apps, is rebranding to Holler and announcing an integration with dating app Badoo. In a pilot test, Badoo found users were engaging more with one another when they were sending GIFs and stickers.
| |
Dating News Update - Bumble, Badoo, Jack'd and Tinder
OPW - July 16 - Ten years ago I tried an experiment doing video news updates from locations like Prague and Venice. They were a lot of work, and and way too long really. I think 2-3 minutes is about all the time you have, so here's a new experiment. Two Minute Tuesday News Updates. Please let me know your thoughts.
| |
Bumble Owner Launches Independent Investigation Into Its Workplace Culture
BUSINESS INSIDER - July 10 - Badoo founder, Andrey Andreev, is launching an independent investigation into his workplace culture after an explosive report by Forbes. Forbes spoke to 13 former employees who described naked cocaine-fueled parties, software updates named after porn stars, and inappropriate remarks made by Andreev. Andreev said he has was "shocked and saddened" by the allegations and has brought in HR firm Peninsula Group to conduct an investigation.
by Isobel Asher Hamilton
See full article at Business Insider
| |
Bumble CEO Responds to Reports of Misconduct at Parent Company
TECH CRUNCH - July 10 - Following an extensive report in Forbes about Bumble's parent company and its billionaire founder Andrey Andreev, the female-first dating app's founder Whitney Wolfe Herd has issued a statement. She says she was "mortified by the allegations" and "saddened and sickened to hear that anyone, of any gender, would ever be made to feel marginalized or mistreated in any capacity at their workplace." The allegations went beyond portraying a sexist work environment and detailed racist attitudes of the Badoo founder.
| |
Forbes Investigation Into Badoo's Corporate Culture
FORBES - July 7 - Andrey Andreev's biggest asset is Badoo, a European- and Latin American-focused dating app that, with 60M users, stands as one of the world's largest. His buzziest, however, is Bumble, the dating app focused on empowering women. Andrey launched his first dating company - Mamba - in 2004. It was a bare-bones desktop dating site for Russian users. Finam Holdings invested $20M in Mamba for a 90% stake; Andreev sold the rest to Finam in 2006 for an undisclosed amount. Building off the success of Mamba, Andreev launched Badoo in 2006. In 2010, Badoo launched its iPhone mobile app. The company went from 20M user sign-ups to 100M in four months, mostly in Europe and Latin America, and notched $200M in revenue. (Forbes estimates that last year Badoo had a bit over $300M in revenue.) Simultaneous with this growth, Badoo began earning a reputation for wild parties. More concerning, several former employees say office behavior was hostile and discriminatory toward women. Andreev maintains that he is a collaborator and unifier, not racist or sexist as others allege. Wolfe Herd, who spent Bumble's formative period walking around London with Andreev for days, says she has never witnessed toxic behavior in the Badoo headquarters. And she stands firmly behind Andreev. "What I've seen firsthand from Andrey is creative and motivating behavior. Andrey has never been anything but kind and respectful to me."
by Angel Au-Yeung
See full article at Forbes
See all posts on Badoo
See all posts on Bumble
See all posts on Mamba
| |
Badoo and Gay Times Partner in Allyship Campaign Targetting Non-LGBTQ+ People
GAY TIMES - July 8 - Badoo and Gay Times have announced a new campaign, which aims to educate the 430M users of the dating app on how to better be an LGBTQ ally. The campaign is aimed at non-LGBTQ users of the app, and has been called The Allyship Partnership. As part of the campaign, Badoo will donate £1 to Amplifund for every 'swipe of support' and will also include educational in-app cards.
by Matt Moore
The full article was originally published at Gay Times, but is no longer available.
| |
Bumble Now Lets Users Call Their Matches Without Exchanging Numbers
TECH CRUNCH - June 29 - The feature is double opt-in, meaning users won't get a video call from some rando the second that they match with them. Instead, users will see an icon inside their chat that they can tap on to enable the features that move beyond text. Bumble parent company MagicLab plans to bring voice and video calls to its other dating apps (Badoo, Chappy, Lumen) as well.
| |
Badoo Nears 500M Users, Launches New Campaign
SOCIAL SONGBIRD - June 18 - Badoo, the world's largest dating app and part of the group of dating and social networking companies owned by Andrey Andreev, has launched a new global brand campaign. Badoo's new tagline of 'Date Honestly', replaces 'Bigger than Dating'. Created entirely by Badoo's in-house creatives 'Date Honestly' features real users, with real handwritten bios. Badoo has pledged it will no longer use models or actors in future promotional material.
| |
Bumble Owner, Facing off With Tinder, Boosts Spending
WALL STREET JOURNAL - June 14 - "We're looking for the big, big monsters who can partner with me", said Andrey Andreev, the Russian billionaire behind Bumble. He plans to spend $100M creating an array of new dating apps, part of an expansion and revamp of the privately held holding company that also owns Lumen, a dating app for over 50s, and gay-dating app Chappy. Last year, Match offered to acquire Mr. Andreev's group of companies, but Mr. Andreev declined, according to people familiar with the matter. The deal talks valued the umbrella group at ~$1B.
by Parmy Olson
See full article at Wall Street Journal
See all posts on Bumble
See all posts on Chappy
See all posts on Lumen
| |
The Most Eligible Online Daters - Big Drinkers Who Live With Parents
MIRROR.CO.UK - June 8 - According to Badoo research honesty is one of the most attractive traits when it comes to online dating. People who live at home with their parents and drink heavily have been revealed to be the most eligible daters online. Analysing 5K users, the dating site found people who reveal niche information, about themselves such as whether they want children someday, were more popular than those who didn't. Female users who claimed to have or want children someday were the most right-swiped, whereas male users who claimed to not want children were top of the list.
| |