Bumble CEO Lidiane Jones resigns, founder to take on chief executive role
- Whitney Wolfe Herd is returning as CEO of Bumble after Lidiane Jones resigned for personal reasons, as announced by the company.
- Bumble's revenue declined to $274 million in the third quarter of 2024, despite an increase in paying users to 4.3 million.
- The company's market cap has dropped from $7.7 billion at its IPO to about $847 million, according to Bumble's reports.
- Bumble expects to report fourth-quarter revenue above previous outlook ranges, which may boost investor confidence, according to the company's statement.
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Total News Sources0
Leaning Left3Leaning Right3Center4Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 30%
C 40%
R 30%
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