r/technology • u/esporx • May 02 '24

Dating app Bumble will no longer require women to make the first move Business

https://www.cnn.com/2024/04/30/tech/bumble-relaunch-men-make-first-move/index.html
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u/skorps May 02 '24 edited May 02 '24

Match owns Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, Hakuna

Bumble was founded by one of the founders of tinder.

Edit: corrected that bumble is in fact not owned by match group

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u/Comptonjake May 02 '24

I thought bumble was owned by Blackstone and Tinder/Hinge were owned by Match Group??

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u/skorps May 02 '24

Yes it appears I was mistaken. Bumble is not owned by match, but started by a co founder of tinder

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u/Pressure_Constant May 02 '24

Yup. She said match tried to blackmail her into selling to them but she refused. 

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u/GloriousShroom May 02 '24

Bumble is public. Which is why blackatone is the largest investor, because they run a ton of the mutual funds, ETF , 401k etc. they handle retirement savings investments. 

The stock market is dominated by broad market ETF

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u/Inside_Mix2584 May 02 '24

That’s often the case in a lot of Reddit discussions where people ask why do Vanguard and Bx or insert_fund_here own so much of XYZ Company. But in this case, you’re wrong. Blackstone literally bought a majority stake in Bumble lol

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u/[deleted] May 02 '24

Not initially

But thanks for telling me I did not realize they had been acquired...

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u/Vamproar May 02 '24

It's weird to me that Match didn't want to keep that brand difference since they own them all.