LONDON—The owner of dating app Bumble said it plans to spend $100 million creating an array of new dating apps, part of an expansion and revamp of the privately held holding company that also owns Lumen, a dating app for over 50s, and gay-dating app Chappy. Andrey Andreev, the Russian billionaire behind Bumble—a popular dating app that puts the onus on women to initiate a conversation that could ultimately lead to a date—said he is renaming the London-based holding company that oversees it and three other similar properties...

Source: Wall Street Journal June 14, 2019 17:09 UTC