Bumble (BMBL) to Acquire Geneva

Bumble Inc. (NASDAQ: BMBL), today announced its intention to acquire Geneva, the group and community app for people to connect based on shared interests.

Bumble Inc. was founded as a connection company with the mission to create experiences that foster healthy and equitable relationships. The Bumble Inc. portfolio encompasses Bumble, Badoo, and Fruitz for dating, Official for committed relationships, Bumble For Friends for friendships, and Bumble Bizz for professional networking to build connections for its community of customers throughout their lives.

Through the planned acquisition of Geneva, Bumble Inc. aims to rapidly expand the Bumble For Friends experience from one-to-one connections to groups and communities to serve the many ways people seek friendships. This experience - like all others on Bumble Inc.’s platforms - will be centered on creating kind and safe spaces for connection.

The acquisition is anticipated to close in Q3 2024, subject to customary closing conditions.

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