Bumble has turned down an acquisition supply from Match Team, the operator of Tinder, OkCupid, and Match.com.
In accordance to a report from Forbes’ Clare O’Connor, Match offered $450 million for the 3-year-old startup about two months in the past, but Bumble rejected the supply.
Bumble was launched by Whitney Wolfe, a cofounder of Tinder who remaining in 2012 and submitted a sexual harassment match from the company. Wolfe later settled out of court docket.
Forbes details out that due to the fact Wolfe formerly submitted match from not only Tinder, but Match.com and IAC as nicely, she would have been performing for the exact same company she sued had Bumble recognized the buyout.
Bumble differentiates alone from other dating apps concentrating on ladies. Even though it has a identical swiping structure as Tinder, ladies make the initially go. They have 24 several hours to message a match — if not, it disappears.
Wolfe launched Bumble with Andrey Andreev, the cofounder of the dating web-site Badoo. In accordance to TechCrunch, Badoo is the greater part operator of Bumble. Bumble’s present-day valuation is not known.
Bumble declined to comment on the report.