Bumble revenue beats estimates on paying users strength, shares jump


FILE PHOTO: The Bumble logo is seen on a smartphone in front of a stock graph in this illustration taken February 11, 2021. REUTERS/Dado Ruvic/Illustration/File photo

(Reuters) -Bumble beat Wall Street estimates for first-quarter revenue on Wednesday helped by growth in its paying users, sending the company's shares up more than 9% in aftermarket trading.

The company, which offers dating apps such as Bumble, Badoo, and Fruitz, has benefited from its marketing efforts to tap younger users and women.

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