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Angsana Anderson's avatar

Thanks for sharing your analysis on Bumble Inc. (BMBL US).

Fast forward 2 years, BMBL is still stumbling. In Q1'26, they lost -21% paying users.

I suspect they grew too fast during COVID-19. This attracted low-intent users, bots and even scammers. Good users left, some migrated to Hinge.

The stock price has fallen ~-96% from its all-time high. I doubt it can ever recover.

I discuss the details here: https://www.angsanaanderson.com/p/why-are-singles-ditching-bumble?r=5rl2u5

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