Bumble, a dating app that forces women to make the first move, reportedly turned down a $450 million acquisition offer
According to a report from Forbes' Clare O'Connor, Match offered $450 million for the 3-year-old startup about two months ago. Bumble rejected the offer.Bumble was founded by Whitney Wolfe, a cofounder of Tinder who left in 2012 and filed a sexual harassment suit against the company. Wolfe later settled out of court.
Bumble differentiates itself from other dating apps by having a focus on women. While it has a similar swiping format as Tinder, women are forced to make the first move. They have 24 hours to message a match, otherwise the match disappears.Wolfe cofounded Bumble with Andrey Andreev, the cofounder of dating website Badoo. According to TechCrunch, Badoo is the majority owner of Bumble. Bumble's current valuation is unknown.
Bumble declined to comment on the report.
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