Financial PerformanceBumble's 3Q revenue declined 0.7% year-over-year, marking the company's first quarterly year-over-year revenue decline since launching publicly.
Market CompetitionChallenges include reversing a sharp loss in momentum for the core Bumble brand, anemic user/revenue trends for Badoo, and increasing competition from competitor Match.
User GrowthDecelerating app trends point to a delayed growth outlook, with Bumble's Daily Active Users down 4% year-over-year in 3Q and down 6% year-over-year 4QTD.