Should You Invest in Bumble?

PHOTO CREDIT: Bumble

OVERVIEW

Why You Should?

  1. Bumble is an extremely popular platform with younger individuals and millennials. This will benefit the company’s future growth as millennials around the world will drive its future growth and operating strategies. This will also benefit investors in the company.
  2. Bumble offers an extremely unique product in the online dating space. This will benefit the company gains more users and traction across the markets that it operates and will also help the company’s future growth. The company can also stand out from the competition within this space as well. This will also benefit the company’s investors.
  3. The company has reported rising revenues and profits over the past couple of financial years due to the reasons mentioned above. This has helped the company’s growth and will also benefit investors in the company.

Why You Should Not?

  1. Bumble faces tough competition in the online dating space. Some companies like Tinder and other tech companies offer similar products and services to the ones that Bumble offers. Other companies like Facebook and Snapchat also offer similar meeting spaces for individuals. This will hurt the company and its investors in the future.

MY OPINION

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Aaditya Patel is a writer who publishes analysis on companies publicly traded on the NYSE. Follow him @the_investing787 on Instagram for summary posts.

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Aaditya Patel

Aaditya Patel is a writer who publishes analysis on companies publicly traded on the NYSE. Follow him @the_investing787 on Instagram for summary posts.