Bumble Business Model is based on a “freemium model,” which means members can sign up and use it for free. A large part of its revenue comes from in-app purchases and subscription offerings like Bumble Boost, which begins at US$12.99 a week, and Bumble Premium, which starts at US$17.99.

What type of business model is tinder?

Though launched as a fully free application in 2013, tinder changed its operating model in 2015 to a freemium business model where it started charging for some features like unlimited swipes, location change, etc.

Is Bumble used for networking?

First announced last July, Bumble has launched Bizz, a new mode in its app designed for professional networking and mentoring. Following the “women make the first move” concept the dating app is built on, Bizz lets users swipe to find connections to network with Bumbles 20 million users.