Bumble posts quarterly sales drop amid slow payoff from app overhaul

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:Bumble posted on Wednesday its first decline in quarterly sales since going public in 2021 and said that it would take longer for the dating app operator to boost its sluggish growth rate. Sticky inflation and high borrowing costs have hit spending by users on the women-centric dating app and its premium subscriptions, limiting the company's growth after a post-pandemic boom. In response, the company has launched a refreshed Bumble app and new features. A cut to its annual revenue forecast in

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Bumble posts quarterly sales drop amid slow payoff from app overhaul https://www.channelnewsasia.com/ - 07.11.2024 03:28

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Bumble posts quarterly sales drop amid slow payoff from app overhaul https://www.channelnewsasia.com/ - 07.11.2024 03:28