Bumble CEO talks new initiative and how it's making dating online safer for women
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Private equity group Blackstone is taking a majority stake in Magic Labs, the parent company of dating app Bumble, valuing it at $3 billion. The dating app Bumble was sold to Blackstone in a deal that values its parent company MagicLab at about $3B. Bumble shook up the world of online dating by addressing women's concerns about meeting men online. On the Bumble app, heterosexual connections must be. Bumble dating app ends weird relationship with Russian billionaire in the apps' parent company MagicLab to Blackstone Group in a deal that.
In AprilBumble added an option to sign up using only a phone number, following Facebook's involvement in a controversy with Cambridge Analytica. Users have the option to immediately receive a new set of three backtracks by sharing Bumble on Facebook, Instagramor Twitteralthough they are limited to one of these refills per day.
As the feature was rolled out, Bumble also announced that it would eventually release a dual-profile feature allowing users to curate a profile for dating or friendship. As part of the update, if a user is messaged after matching with a potential partner and doesn't respond within 24 hours the match disappears.