BMBL News & Events

Bumble is set to launch a new group-dating feature called "Plans" this week, Henry Chandonnet of Business Insider reports. The paid service will launch pilot launch in New York will bring together small gatherings of Bumble users to meet in-person, according to the website. Users must pay a flat fee to RSVP to a "Plan," it adds.

Reports Q1 revenue $212.4M, consensus $211.6M. Total Paying Users decreased 21.1% to 3.2 million, compared to 4.0 million. Total Average Revenue per Paying User ("ARPPU") increased 8.9% to $22.04, compared to $20.24. "Our deliberate steps to reset the Bumble member base have meaningfully improved the health of our ecosystem," said Whitney Wolfe Herd, Founder & CEO of Bumble Inc. "We're now focused on activating this higher-quality member base by launching a fully reimagined Bumble experience on our rebuilt, AI-enabled platform later this year. This next chapter will deliver a more intuitive, personalized way to connect and help members move more confidently and quickly to in-person dates."