Badoo

Badoo is a prominent social networking platform focused on helping users connect with new people locally for friendship, chat, or meet-ups. Launched in 2006, it has grown to over 340 million registered members, with approximately 400,000 new users joining daily. Targeting primarily young adults aged 25 to 35, Badoo distinguishes itself by offering a combination of free services and paid features that enhance user interactions. The platform utilizes GPS technology to enable the "People Nearby" feature, allowing users to discover others in their vicinity. Additionally, Badoo provides various rich interaction tools, including video chat, live-streaming, and messaging. Its unique "Encounters" game promotes mutual interest by requiring both users to like each other's profiles before initiating contact. With its headquarters in London and additional offices in Moscow and San Francisco, Badoo operates in 191 countries and supports 44 languages, making it a leading player in the mobile dating landscape, particularly in Europe and South America.

2 past transactions

Huggle App

Acquisition in 2018
Huggle App is a popular dating and friendship app which matches users based on the places they have in common, was launched in 2016 by co-founders Valerie Stark and Stina Sanders.

Lulu

Acquisition in 2016
Lulu is the smart girl's app for private reviews and recommendations of guys. Onlulu.com was acquired by Berez Media - a marketing and technology firm for marketers and agencies.
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