{"id":66781,"date":"2020-09-02T15:58:15","date_gmt":"2020-09-02T15:58:15","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=295248"},"modified":"2020-09-02T15:58:15","modified_gmt":"2020-09-02T15:58:15","slug":"bumble-considers-ipo-options","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/09\/02\/bumble-considers-ipo-options\/","title":{"rendered":"Bumble considers IPO options"},"content":{"rendered":"

<\/p>\n

\tBumble, developer of a popular dating app, was tipped by Bloomberg to be in the initial stages of exploring a potential IPO, seeking to cash-in on growing uptake and usage.<\/p>\n

While the news agency noted no firm decisions have been made, it stated Bumble had held talks with banks regarding a potential move in 2021, which it hoped would secure it a valuation of between $6 billion and $8 billion.<\/p>\n

In November 2019, investment company Blackstone purchased a majority stake in Bumble (formerly known as MagicLab), in a transaction which valued the company at approximately $3 billion.<\/p>\n

Bumble was founded in 2014 by Whitney Wolfe Herd, one of the co-founders of rival service Tinder.<\/p>\n

Sensor Tower data showed Bumble was the second-highest grossing dating app globally in July, generating revenue of more than $16.8 million. US users generated around 74 per cent of the total.<\/p>\n

Tinder topped the tables, pulling in more than $68.5 million in July, the company estimated.<\/p>\n\n

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Bumble, developer of a popular dating app, was tipped by Bloomberg to be in the …<\/p>\n

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