Badoo is the largest, fastest growing Social Network for Meeting New People in the world and market leader for meeting, chatting, flirting & dating in Europe, South America and Asia. Badoo.com is a truly global, multi-lingual, location-based, “meeting network", focused on chatting, flirting and meeting new people. Badoo was launched by a small international group of young, forward thinking programmers and tech entrepreneurs. Their vision was to use the most advanced technologies available to create an elegantly modern, fast and easy way for people to meet new people in their area - and have fun doing it. The scope would be global, but adapted to local needs. It worked.
Type
Private
HQ
London, GB
Founded
2006
Size (employees)
710 (est)
Website
badoo.com
Badoo was founded in 2006 and is headquartered in London, GB
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Key People/Management at Badoo

Andrey Andreev

Andrey Andreev

Founder
Gene Sokolov

Gene Sokolov

VP Engineering

Badoo Office Locations

Badoo has offices in London, San Francisco and Moscow
London, GB (HQ)
13 Hawley Cres
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Badoo Financials and Metrics

Summary Metrics

Founding Date

2006

Total Funding

$30.4 m

Latest funding size

$30.44 m

Time since last funding

10 years ago

Investors

Badoo's latest funding round in January 2008 was reported to be $30.4 m. In total, Badoo has raised $30.4 m
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Badoo Financials

Badoo's revenue was reported to be £12.60 m in FY, 2016
GBP

Revenue (FY, 2016)

12.6 m

Gross profit (FY, 2016)

990 k

Gross profit margin (FY, 2016), %

7.9%

Net income (FY, 2016)

879 k

EBITDA (FY, 2016)

918 k

EBIT (FY, 2016)

918 k

Cash (31-Dec-2016)

91 k
GBPFY, 2009FY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.6 m5.2 m2.7 m2.8 m4.3 m6.1 m12.6 m

Revenue growth, %

52%41%

Cost of goods sold

2.6 m3.9 m5.5 m11.6 m

Gross profit

227.3 k374.4 k605 k990 k
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

187.7 k14.9 k256.2 k129.2 k743.8 k145.8 k300.9 k94 k91 k

Accounts Receivable

723.3 k386.7 k561.9 k21.6 k

Current Assets

911 k692 k2.4 m6.8 m1.8 m2.7 m2.9 m2.1 m4.7 m

PP&E

15.9 k12 k95.2 k4.8 k
GBPFY, 2009FY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

71.6 k214 k322.3 k397.7 k235 k418 k879 k

Cash From Operating Activities

(207 k)(5 k)

Dividends Paid

1.2 m

Net Change in Cash

(207 k)(5 k)
GBPY, 2016

Revenue/Employee

27 k

Financial Leverage

2.9 x
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Badoo Operating Metrics

Badoo's Monthly Active Users was reported to be 60 m in Jun, 2017. Badoo's Registered Users was reported to be 349 m in Jun, 2017.
Jun, 2017

Messages Sent per Day

350 m

Monthly Active Users

60 m

Registered Users

349 m
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Badoo Online and Social Media Presence

Embed Graph
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Badoo News and Updates

At London’s Badoo, Job Perks Include Pole Dancers and Sushi Served on Models

More than 60 million people use Badoo Trading Ltd.’s dating app in places like Latin America and Russia, but back home in London, all anybody knows about it are the parties. Half-naked women dressed as mermaids. Almost-naked models used as sushi platters. Others coated in body paint. Notice a theme?…

Badoo plans to drop the swipe from its dating app as it tests live video broadcasts

Is it time to swipe left on the swipe? Badoo, a UK-based dating app with some 388 million users globally — whose majority-owned app Bumble is currently being sued by Tinder in part for its use of swiping — says that it will be removing the gesture from its own app as a way to […]

Dating app Badoo is ditching swiping right in favour of live streaming

Popular dating app Badoo is going to remove its traditional swiping feature and replace it with video streaming Badoo Live, in an attempt to encourage more genuine connections between users. Badoo wants to disrupt the market of swiping on potential matches, which forms the basis of most major dat…

Badoo adds Live Video chat to its dating apps

European dating giant Badoo has added a live video chat feature to its apps, giving users the chance to talk face-to-face with matches from the comfort of their own home — and even before agreeing to go out on a first date. It’s claiming it’s the first dating app service to add a live video […]

A dating app with 380 million global users has revealed the top 5 most right-swiped jobs — and they might surprise you

Dating site Badoo surveyed 5,000 singles to see what the most right-swiped careers were for men and women. Scroll down to see if your job is on the list. You've set up your dating profiles with your best photos and a witty bio. All that's left to do is swipe and wait for the matches to roll in. …

Badoo's wealthy founder Andrey Andreev explained the ways he takes his obsession with food to the next level

Badoo CEO Andrey Andreev eats at Michelin-starred restaurants almost every day. Andreev often adds his own dishes and cocktails to restaurant menus. The tech CEO doesn't like to spend over 30 minutes in a restaurant if he's there for lunch — or over an hour if he's having dinner with friends. Wa…
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