Bumble dating app has tremendous advantage in Covid-19, paid users increased to close to 30 lakhs

Bumble dating app has tremendous advantage in Covid-19, paid users increased to close to 30 lakhs


The Bumble Dating app on Wednesday estimated the current-Western Revenue more than expected, as there was an increase in customers paying in the epidemic time that helped the owner of the dating app to remove the challenges created by the Covid-19 Delta variants. Bumble’s shares increased by 3 percent in extended trading, as the Texas -based company also crossed the quarterly rivenu estimates, as the total payment users increased by 20 percent to 20.9 lakhs.

Apps such as Bumble and Tinder increased last year as people isolated people turned to virtual dating to resume romance due to lockdown. Now there is a threat to the economy again from the delta variants. Now investors are once again in the hope of how dating apps can increase the income if the epidemic emphasizes again.

Bumble said that she is convinced of his performance for the remaining year, as she is looking at a positive trend on platforms “even in the most affected markets”. “When the covid is sharp and loneliness begins to surround people, people come to us to connect with someone,” Bumble CEO Whitney Wolf Hurd said on a cost call. Hurd said that Bumble also saw an increase in engagement and activity in India, even the delta variants spread across the country.

The discovery of plateonic relationships is also increasing, which encourages companies such as Fit Crew’s Tinder and Bumble to double the services that help users to find and maintain friends. Data from the research firm Apptopia showed that Bumble was downloaded more than 2 million times in the United States during the second quarter, which is an increase of about 18 percent year-on-year.

The second quarter rhetoric increased by 38 percent to $ 186.2 million (about Rs 1,380 crore) of the Refinitiv IBES $ 178.7 million (about Rs 1,330 crore). Bumble, which is different from competitors due to the need to take the first step for women, said it expects the current quarter revanue between $ 195 million (about Rs 1,450 crore) and $ 198 million (about Rs 1,470 crore) over $ 190.9 million.