The Next Web
Hello Group buys majority stake in Dutch dating app Inner Circle
Hello Group, the Nasdaq-listed company behind dating apps happn and Coffee Meets Bagel has acquired a majority stake in Amsterdam-based dating platform Inner Circle. The two companies announced the deal today but did not disclose the price or the size of the stake.
Founded in 2012, Inner Circle says it has nearly 9 million members, with most of its community based in Europe and Latin America.
Unlike apps that let users join immediately, Inner Circle reviews applications before accepting new members. It then matches people based on shared interests, lifestyles and values.
The company has built its identity around an alternative to swipe-based dating.
Alongside its matching service, it offers interest-based groups called Circles and organises events where members can meet in person.
Despite the acquisition, Inner Circle will retain its name and continue…
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