Bumble CEO on What Post-Pandemic Dating May Be Like

The transcript discusses Bumble's financial outlook, focusing on revenue growth and paid user strategy. It highlights the impact of temporary billing changes on Badoo and the effects of COVID-19 on dating trends. The potential of the metaverse and Web 3.0 for enhancing user experiences is explored. Finally, the significance of Singles Day in China and its growing popularity in the US is mentioned.

What is Bumble's strategy for increasing revenue from paid users?

• Reducing the number of free features

• Focusing on advertising revenue

• Creating premium experiences for users

• Offering low-cost subscriptions to all users

What temporary change did Badoo implement in its billing system?

• Offered free trials to new users

• Introduced a new loyalty program

• Eliminated third-party payment options

• Increased subscription prices

How has COVID-19 affected Bumble's user growth?

• Only affected user growth in the US

• Increased user growth in specific markets

• Decreased user engagement globally

• No impact on user growth

What is Bumble's perspective on the metaverse's impact on dating?

• It will decrease user engagement

• It offers new opportunities for community building

• It poses a threat to traditional dating apps

• It is irrelevant to Bumble's business model

What is Bumble's approach to Web 3.0?

• Using it to enhance user ownership and interaction

• Focusing solely on traditional web platforms

• Developing a separate app for Web 3.0

• Avoiding any involvement with Web 3.0

How does Bumble view Singles Day?

• As an opportunity to empower singles daily

• As a minor event with little impact

• As a significant event only in China

• As a day to offer discounts on subscriptions

What is Bumble's commitment to its users?

• Focusing on advertising revenue

• Empowering singles with control over their relationships

• Offering only premium services

• Providing free services to all users