Bumble Inc (NAS:BMBL)
$ 11.56 0.09 (0.78%) Market Cap: 1.46 Bil Enterprise Value: 1.82 Bil PE Ratio: 68.00 PB Ratio: 0.91 GF Score: 54/100
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Bumble Inc at JPMorgan Global Technology, Media and Communications Conference Transcript

May 22, 2023 / 05:50PM GMT
Release Date Price: $17.17 (+6.38%)
Cory Alan Carpenter
JPMorgan Chase & Co, Research Division - Analyst

We have Whitney and Anu from Bumble. Thank you for joining us.

So we'll kick off with two bigger-picture topics, the dating industry and macro. Starting with dating. There's a lot of debate around industry saturation, TAM. I think partly due to the largest brand in the category struggling, also less of a post-COVID recovery for the industry than perhaps expected.

Questions & Answers

Cory Alan Carpenter
JPMorgan Chase & Co, Research Division - Analyst

Whitney, as someone who's been in the industry for over a decade, how do you think about industry penetration and growth opportunity from here?

Whitney Wolfe Herd
Bumble Inc. - Founder & Executive Chair

So I think two things to set the stage. According to this amazing Stanford graph, I don't know how many of you have seen it, but should find a way for you to see it. It basically shows that almost 6 in 10 couples are actually meeting online now, and that is up

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