Will Bumble Be Worth More Than Match Group by 2030?

The global online dating market could grow at a CAGR of 8.3% between 2019 and 2025, according to Allied Market Research. However, both Bumble and Match are likely growing faster than the broader market.

If Bumble grows its annual revenue at an average rate of 25% over the next five years, then maintains an average growth rate of 20% over the following five years, it could generate $4.4 billion in revenue by 2030. That growth trajectory, which would equal a CAGR of 22.5%, could be tough to achieve — but Bumble still has plenty of irons in the fire.

Read the full article on The Motley Fool.