It’s a match! Bumble acquires Gen Z dating app Fruitz

Bumble is hooking up with the favored French match-making app Fruitz in its first-ever acquisition.

The Austin-based courting app — based by Tinder co-founder Whitney Wolfe Herd — introduced the tie-up on Monday. Phrases weren't disclosed.

Fruitz, which was launched in 2017, has seen its reputation amongst Gen Z customers develop in Europe and North America. It has expanded to Belgium, Holland, Switzerland, Spain, and Canada.

Wolfe Herd, the CEO of Bumble, credited Fruitz for boasting “dynamic and sensible leaders who've constructed a singular product that has struck a robust chord with customers in France and throughout Europe.”

“By plugging Fruitz into our expertise and knowledge science platform, group assist, model and progress advertising and marketing, we are able to speed up Fruitz’s progress,” she stated.

The app is structured in a means the place customers first specify their preferences for what sort of relationship they want to discover.

The acquisition of Fruitz is the first-ever for Bumble.
The acquisition of Fruitz is the first-ever for Bumble.
Frutiz

There’s the “watermelon” choice the place app customers specific their need for a “pal with advantages.”

Those that resolve they're a “cherry” need a severe, long-term relationship with a mate. A “grape” merely signifies that the consumer needs to fulfill somebody over a drink.

Lastly, one can select to be a “peach,” which implies that they're solely occupied with kissing.

Julian Kabab, the CEO of Fruitz, stated he got here up with the idea after some disagreeable experiences on the courting scene.

Tinder co-founder Whitney Wolfe Herd started Fruitz.
Tinder co-founder Whitney Wolfe Herd began Bumble.
Getty Photos

“The concept for Fruitz got here from my very first expertise with courting apps which was a catastrophe,” he stated.

“Merely put, the beautiful individual I met had a really totally different intention to mine. Expressing what you’re on the lookout for will not be straightforward as a result of we’re scared of being judged.

“Consequently, nobody was being sincere with their intentions and everybody was losing one another’s time.”

Bumble was based by Wolfe Herd in 2014. She got here up with the concept of a courting app through which girls have the ultimate say after she accused a male colleague of sexually harassing her whereas she labored as an government for Tinder.

Bumble was founded to give women more of a say in the early dating app craze stemming from Tindr.
Bumble was based to present girls extra company within the courting app craze stemming from Tinder.
Bloomberg by way of Getty Photos

Shares of Bumble, which additionally owns the courting app Badoo, had been trending upwards in pre-market hours on Monday. The corporate has a market capitalization of $3.57 billion.

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