Bumble adds users, makes profit, but gives cautious outlook

Bumble is cautiously optimistic about users returning to dating, even as revenue grows on higher paying user numbers. — AFP

Bumble Inc., the dating app that gives women the first move, added new users in the first quarter and reported a jump in revenue, but remained cautious about how fast people will return to in-person socialising.

"It’s still unpredictable,” Chief Financial Officer Anu Subramanian said on a call with analysts after reporting results. "There isn’t always a perfect correlation between when a market opens up and when people actually start engaging actively in the dating ecosystem.” The shares fell about 1% in late trading, after closing at US$47.24 (RM194.89) Wednesday in New York.