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Bumble sunsets acquired apps, Fruitz and Official, to cut costs
Bumble has discontinued its acquired apps, Fruitz and Official, to focus on its core businesses amid financial challenges. The move is expected to result in a $12 million revenue loss. CEO Whitney Wolfe Herd, returning to lead the company, aims to reset Bumble by enhancing safety, technology, and introducing new features. Revenue decreased, shares dropped, and the company projects lower revenue for the next quarter.
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