AI and Machine Learning Enhancements
Bumble is rapidly modernizing its personalized matching algorithm with AI and enhanced machine learning, which has shown early positive results with increases in relevancy and match rates.
Leadership and Organizational Improvements
Bumble has brought in seasoned leaders across product, technology, communications, and legal, and is progressing in the search for a permanent CFO.
Financial Discipline and Cost Reductions
Bumble has identified $15 million in new near-term savings and reduced its marketing spend by $20 million in Q2, focusing on organic marketing strategies.
Launch of AI-Powered Features
Bumble is launching new features like a modernized algorithm and a coaching hub to improve user experience and engagement.