Bumble agrees to a $1.3B acquisition deal as online dating faces a reset
Summary
Online dating platform Bumble has agreed to a $1.3 billion acquisition following a period of declining revenue and fewer subscribers. The deal comes as the digital matchmaking industry experiences a significant market reset.
After years of declining subscriber numbers and falling revenue, Bumble just agreed to a $1.3 billion acquisition.
Source: Read the full story at TechCrunch
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