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Dating, language apps consider joining Germany's IPO rush


German companies from language to dating apps are considering listings on the country’s stock exchange, following rising valuations and stock prices. REUTERS
German companies ranging from language app Babbel to dating platform ParshipMeet are considering listings on the country’s stock exchange, according to people familiar with the matter.
They are among a growing list of German companies, which also includes a prosthetic limb maker and a car-parts dealer, weighing initial public offerings in Frankfurt as businesses across Europe rush to take advantage of rising valuations and stock prices.
Berlin-based startup Lesson Nine GmbH, which operates the subscription-based language and e-learning platform Babbel, has invited advisers to pitch for roles on a possible IPO, the people said, asking not to be identified discussing confidential information. The company has seen a surge in user numbers during the coronavirus crises, as nationwide lockdowns force adults and ch ....

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