Dating app Bumble files confidentially for IPO, could seek up to $8 billion valuation, report says
- The popular dating app
Bumbleis seeking a February initial public offering, according to a Bloomberg report.
- The dating service where women make the first move filed confidentially for an
IPOand could seek a valuation of up to $8 billion, according to Bloomberg.
- Bumble was founded in 2014 by Whitney Wolfe Herd, a cofounder of the dating app Tinder.
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Bumble has confidentially filed for an initial public offering, according to a report from Bloomberg.
The popular dating app is seeking to go public in February, possibly around Valentine's Day, and could seek a valuation of $6 billion to $8 billion, the report said, citing people familiar with the matter who asked not to be identified because the matter isn't public.
While no final decision has been made, and the timing of the offering could change, Bumble has been working with advisers including Goldman Sachs, Citigroup, and Morgan Stanley, according to the report.
Bumble enables women to make the first move when matching with a prospective date. The firm was founded by Whitney Wolfe Herd in 2014. Herd is a cofounder of the dating app Tinder.
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