Badoo Acquires Luluvise for Undisclosed Sum
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8aaa95e-7d16-47bc-8f2d-c6ed43e54a92 -
Date
2/9/2016 -
Company Name
Luluvise -
Mailing Address
100 Marine Parkway Redwood City, CA 94065 USA -
Company Description
Lulu is the smart girls’ app for private recommendations and reviews on guys. Lulu takes its cues from the real world: we meet a guy and think he’s cute, but want to know if he’s the charmer he appears or really a wolf in sheep’s clothing. So we ask our girlfriends, and look him up on Facebook and Google. -
Website
http://www.onlulu.com -
Transaction Type
M&A -
Transaction Amount
Undisclosed -
Transaction Round
-
Proceeds Purposes
-
M&A Terms
Financial terms of the transaction were not disclosed by the companies. The move also sees Lulu founder and CEO Alexandra Chong move back to the U.K. capital from New York to join Badoo as President, where she’ll be focusing on international expansion, business development and communications.
