Bumble revenue beats estimates on strong user growth

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After last year’s lockdown-driven boom in digital interactions, Bumble is now benefiting from the return of in-person meetings that have encouraged more people to use its app and spend on features.

The company, owner of the dating app where women make the first move, said total paying users rose 4.6% to 2.9 million in the quarter.

Total revenue was $200.5 million, compared with analysts’ estimates of $198.8 million, according to Refinitiv IBES data.