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Reuters - 4 weeks ago

Bumble positive on 2023 as user growth defies economic gloom

UPDATE 3-Bumble positive on 2023 as user growth defies economic gloom Updates shares, adds details Feb 22 (Reuters) - Bumble Inc BMBL.O projected annual revenue growth above market estimates on optimism over rising paying users on its eponymous dating app, even as its Badoo app struggles in a weak economy due to a larger presence among lower-income consumers.

Reuters - 4 weeks ago

Bumble beats quarterly revenue estimates

Bumble beats quarterly revenue estimates Feb 22 (Reuters) - Bumble Inc BMBL.O beat fourth-quarter revenue estimates on Wednesday, as more people subscribed to its dating app during the holiday season in search of companionship. The company reported revenue of $241.6 million in the quarter ended Dec. 31, compared with analysts' estimate of $235.9 million, according to Refinitiv data.

Reuters - 1 month ago

Tiger Global Management Takes Share Stake In Take-Two Interactive, Match Group; Raises In Meta Platforms

BRIEF-Tiger Global Management Takes Share Stake In Take-Two Interactive, Match Group; Raises In Meta Platforms Feb 14 (Reuters) - Tiger Global Management LLC: TIGER GLOBAL MANAGEMENT LLC TAKES SHARE STAKE OF 714,000 COMMON SHARES IN TAKE-TWO INTERACTIVE SOFTWARE INC - SEC FILING TIGER GLOBAL MANAGEMENT LLC RAISES SHARE STAKE IN META PLATFORMS INC T

Reuters - 2 months ago

Tech firms, Wall Street titans lead job cuts in corporate America

FACTBOX-Tech firms, Wall Street titans lead job cuts in corporate America Adds Zoom, eBay Feb 8 (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out a global economic downturn. Rapid interest rate hikes and weak consumer demand have forced firms such as Amazon, Walt Disney, Facebook-owner Meta and American banks to trim their workforce.

Reuters - 2 months ago

Tinder owner to lay off 8% of its staff as growth falters

UPDATE 3-Tinder owner to lay off 8% of its staff as growth falters Adds comment from Match Group and background, updates shares By Vansh Agarwal and Shreyaa Narayanan Feb 1 (Reuters) - Match Group Inc MTCH.O on Wednesday joined a growing list of U.S. companies that are cutting jobs to rein in costs after it announced plans to lay off about 8 % of its workforce, or about 200 employees, as spending on its dating apps slow s.

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