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)
692 (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

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 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?…

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…

A global dating app now lets you to search for matches that look like your ex, or yourself

Want to date Donald Trump? Badoo, a social network based in London with over 350 million users worldwide, is now using facial recognition technology to…

Badoo wants to help you bang a celebrity (look-alike)

Celebrity culture ruined television, social media, and 24-hour news networks. Now it’s trying its damnedest to ruin online dating. Badoo is an online dating app (yes, another one) with a unique new feature. Instead of swiping right on the people you’re least disgusted with on Tinder, Badoo wants you…

How Badoo has been ruling the online dating space for over a decade

The dating app has more than 350 million users globally and is still growing rapidly. The post How Badoo has been ruling the online dating space for over a decade appeared first on Tech.eu.
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