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TheJester
More Insane with every day
★★★★★
- Joined
- May 17, 2024
- Posts
- 4,471
From NASDQ:
"Bumble’s recent earnings report revealed a disappointing outlook, with revenues for the fourth quarter of 2024 falling short of expectations. The company reported a 4.4% decline in quarterly revenue to $261.6 million, citing negative currency effects and a temporary drop in paying users as key factors. Additionally, Bumble announced the discontinuation of smaller platforms like Fruitz and Official, signaling a retreat from its multi-app strategy. "
Bumble lost 30% of its market cap in just one day.
It seems people - especially men - woke up and quit Dating Sites in masses, just like me.
I think this is a good thing for society. E Dating clearly doesn't work, at least it never did for any of us.
"Bumble’s recent earnings report revealed a disappointing outlook, with revenues for the fourth quarter of 2024 falling short of expectations. The company reported a 4.4% decline in quarterly revenue to $261.6 million, citing negative currency effects and a temporary drop in paying users as key factors. Additionally, Bumble announced the discontinuation of smaller platforms like Fruitz and Official, signaling a retreat from its multi-app strategy. "
Bumble lost 30% of its market cap in just one day.
It seems people - especially men - woke up and quit Dating Sites in masses, just like me.
I think this is a good thing for society. E Dating clearly doesn't work, at least it never did for any of us.