Bumble beats profit estimates, bets on international growth


FILE PHOTO: The Bumble Inc. (BMBL) app is shown on an Apple iPhone in this photo illustration as the dating app operator made its debut IPO on the Nasdaq stock exchange February 11, 2021. REUTERS/Mike Blake/Illustration

(Reuters) -Bumble Inc on Tuesday beat fourth-quarter profit estimates and said it expected strong growth at its Bumble app in 2022, sending the dating company's shares up over 20% in extended trading.

The company also said it is discontinuing operations in Russia, joining a growing number of firms that are exiting the country following its invasion of Ukraine. Bumble is also removing all of its apps from the Apple App Store and Google Play Store in Russia and Belarus.

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