Bumble agrees to a $1.3B acquisition deal as online dating faces a reset
After years of declining subscriber numbers and falling revenue, Bumble just agreed to a $1.3 billion acquisition.
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Acquisition
The purchase of one company by another, giving the buyer control of the target's business.
Acquisitions can speed growth for the buyer but raise competition and job concerns.
More about AcquisitionRevenue
The total money a company earns from selling goods or services before any costs are subtracted.
Revenue growth shows demand for a company's products; profit shows whether it earns money from them.
More about Revenue
