Home / News/Business / Dating app Bumble sues rival Tinder owner Match Group in escalating court battle

Dating app Bumble sues rival Tinder owner Match Group in escalating court battle

Dating app Bumble Trading Inc on Wednesday filed a U.S. lawsuit accusing rival Match Group Inc of fraud and industry secrets and techniques robbery, escalating a court struggle that broke out after failed buyout talks.Bumble mentioned it used to be looking for $400 million US from Match, which owns common courting app Tinder, as it received delicate aggressive knowledge thru misleading way and has wrongfully disparaged its competitor in the funding marketplace.The lawsuit, filed in a Texas state court, comes two weeks after Match introduced a lawsuit in opposition to Bumble alleging highbrow belongings infringement.Whitney Wolfe Herd, a co-founder of Tinder, left that corporate and co-founded Austin, Texas-based Bumble in 2014.Wolfe Herd sued Tinder that yr, alleging her co-founders at that corporate subjected her to sexual harassment.Tinder father or mother Match, which denied the allegations, paid about $1 million to settle the dispute.Both Tinder and Bumble permit customers to swipe proper or left to sign their pastime or loss of it in assembly potential companions.Unlike Tinder, conversations on Bumble between heterosexual suits can simplest be initiated by way of ladies.Dallas founded Match made a $450 million be offering to obtain Bumble in 2017, in line with the lawsuit. Bumble mentioned it became down the be offering, taking into account it to be a lowball bid.Negotiations stalled and Match sued Bumble on March 16, alleging patent and trademark infringement.Match mentioned Bumble has sought to imitate Tinder’s capability “and build a business entirely on a Tinder-clone, distinguished only by Bumble’s women-talk-first marketing strategy.”Bumble mentioned in Wednesday’s lawsuit that Match’s criminal motion used to be a baseless try to hurt Bumble by way of scaring away possible buyers.Bumble additionally mentioned that all over the purchase talks Match brought on the manufacturing of confidential knowledge only for the monetary good thing about its courting app companies.” Match additionally owns the courting services and products OkCupid and Meetic.

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