Skip to main content

Bumble makes its first acquisition with deal for French Gen Z dating app, Fruitz

Dating app company Bumble, Inc. is making its first acquisition with today’s news that it’s adding the fast-growing French dating app Fruitz to its family of applications. Though Bumble, Inc. already has an international footprint as the parent company to Badoo, which is particularly popular in Europe, it sees the addition of Fruitz as a way to gain more traction with a younger, Gen Z audience.

Deal terms were not being disclosed.

The quirky app Fruitz takes an unconventional approach to help users find matches, as it assigns a fruit to each particular kind of relationship type, ranging from those who want long-term commitments to those in search of one-night action. This allows users to filter out those who aren’t on the same page as them. It also prompts users to answer questions that serve ice breakers before messaging their match.

Fruitz was co-founded by Julian Kabab (CEO), Fabrice Bascoulergue (CTO), and Arnaud Ruols (CFO) and initially launched in France on Feb. 1, 2017. Kabab said the idea for the app came from his own attempt at using dating apps, where he was matched with someone who had different intentions in terms of what they wanted out of the experience.

“Expressing what you’re looking for is not easy because we’re fearful of being judged. As a result, no one was being honest with their intentions and everyone was wasting each other’s time,” he said. “Empowering people to be honest with their intentions was our first mission.”

Image Credits: Fruitz

To date, Fruitz has been downloaded 5.6 million times globally across the App Store and Google Play, according to Sensor Tower data. As of Feb. 3, 2022, the app was ranked No. 4 on the iPhone’s top free charts in the “Lifestyle” category in its home market of France.

Like many modern-day dating apps, it offers a swipe-based interface and a freemium experience.

For Bumble, however, the draw was not necessarily in the app’s unique features but rather its demographic. The company saw how Fruitz had particular reach with Gen Z, a growing audience in the dating app market. The app also was gaining traction in key Western European countries, including France, Belgium, Netherlands, Switzerland, and Spain, in addition to seeing rapid growth in Canada.

“Fruitz is a brand and leadership team that I’ve been following for years,” said Bumble founder and CEO Whitney Wolfe Herd, in a statement. “Julian, Fabrice, and Arnaud are dynamic and brilliant leaders who have built a unique product that has struck a powerful chord with consumers in France and across Europe. By plugging the app into our technology platform, community support, brand and growth marketing, we can accelerate Fruitz’s growth,” she said. “The acquisition of Fruitz allows us to expand our product offering for consumers in line with our focus on empowering relationships.”

Bumble will incorporate Fruitz into its suite of dating apps while also providing it with resources including machine learning technology, marketing, localization, and safety platforms. There’s no plan to rebrand or wind down Fruitz operations. Instead, the app’s nine-person team, including all co-founders, will continue to run the app from their home country of France. Combined, Bumble, Inc. — which now includes Fruitz, Badoo and Bumble — has over 900 employees with offices in Austin, London, Barcelona, Paris and Moscow.



from TechCrunch https://ift.tt/edk5YCP
via IFTTT

Comments

Popular posts from this blog

This Week in Apps: Microsoft’s app store principles, TikTok’s new safety policies, Apple reveals ‘Tap to Pay’

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the latest year-end reports . App Annie says global spending across iOS, Google Play and third-party Android app stores in China grew 19% in 2021 to reach $170 billion. Downloads of apps also grew by 5%, reaching 230 billion in 2021, and mobile ad spend grew 23% year-over-year to reach $295 billion. In addition, consumers are spending more time in apps than ever before — even topping the time they spend watching TV, in some cases. The average American watches 3.1 hours of TV per day, for example, but in 2021, they spent 4.1 hours on their mobile device. And they’re not even the world’s heaviest mobile users. In markets like Brazil, Indonesia and South Korea, users...

Fetch raises $3.5M for its self-service truck rental marketplace

Once upon a time, I had a truck. I loved that truck! I didn’t actually use the truck as a truck all that often, so eventually I sold it and bought something more in tune with my daily needs. Something more “practical,” I suppose. I still miss that truck. Now the few times a year I do need to use a truck as a truck, I’ve gotta convince a buddy to let me borrow theirs for the 34th time or try to nab a rental at the big box hardware store. Hope one is available by the time I get there, wait in line, fill out the paper work, run out to my car because I forgot my insurance card, get back in line, yadda yadda. Fetch , a company we first wrote about a few years ago , makes the process a bit easier: find a truck (or van!) nearby, reserve it through the app, walk up and unlock it from your phone, and be on your way. This week the team is announcing that it has raised $3.5 million to help expand their team and operations. To make Fetch happen, you could say. Fetch is up and running in a ha...

Twitter’s EU-only geoblocks of Russia Today off to a shaky start

Twitter has claimed it’s complying with an EU-wide ban on Russia Today (RT) and Sputnik which came into force yesterday as part of the package of sanctions imposed by the bloc on Russia following the invasion of Ukraine, albeit reluctantly. In a statement the social network has been circulating in response to press requests this week a Twitter spokesperson said: The European Union (EU) sanctions will legally require us to withhold certain content in EU member states, and we intend to comply. Our global approach outside of the EU will continue to focus on de-amplifying this type of state-affiliated media content across our service and providing important context through our labels. We continue to advocate for a free and open internet, particularly in times of crisis. However it’s not clear how well Twitter is actually complying with the legal order banning the distribution of RT’s content in the EU. While some users around Europe have reported encountering an “account withheld”...