Badoo

Badoo is a prominent social networking platform focused on connecting individuals for friendship and dating, launched in 2006. It is recognized as the first free dating site to integrate photo albums with instant messaging. Badoo has developed mobile applications for iOS and Android that utilize GPS technology, enabling users to discover others nearby through features like "People Nearby" and the interactive game "Encounters." With over 340 million registered members and approximately 400,000 new users joining daily, Badoo primarily attracts young adults aged 25 to 35 who seek to meet new friends rather than reconnecting with existing acquaintances. The platform offers a variety of free services alongside paid features to enhance user interactions, including video chat, live-streaming, and rich messaging. Headquartered in London, with additional offices in Moscow and San Francisco, Badoo operates in 191 countries and supports 44 languages, making it one of the leading social networks in Europe and South America.

Andrey Andreev

Founder and Co-CEO

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 a dating application designed specifically for women, offering a private platform for users to browse and anonymously rate men. The app enables women to share reviews and recommendations about various attributes, such as a man's sense of humor, appearance, and ambition. This women-only network fosters an environment where users can openly discuss their experiences and opinions regarding men, ensuring privacy and security. Lulu was acquired by Berez Media, a firm specializing in marketing and technology solutions for marketers and agencies.
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