Dating app Bumble jumps in debut after $2.15-billion IPO
The dating app's IPO made its co-founder, Whitney Wolfe Herd, the youngest woman CEO to take a large company public and one of the few self-made female billionaires.
Stay updated with breaking news from Bumble Inc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The dating app's IPO made its co-founder, Whitney Wolfe Herd, the youngest woman CEO to take a large company public and one of the few self-made female billionaires.
Women-Led Dating App Bumble's 31-Year-Old Founder Becomes Billionaire Women-Led Dating App Bumble's 31-Year-Old Founder Becomes Billionaire The listing caps a saga that's both inspiration and cautionary tale for women tech founders. Bumble's IPO launches Wolfe Herd into a rarefied club of self-made female billionaires. A company catering to women and led by women has made its 31-year-old female founder a billionaire. Shares of Bumble Inc., the owner of the dating app where women make the first move, soared 67% in its trading debut to $72 at 1:03 p.m. in New York, valuing Chief Executive O...
Bumble Inc (NASDAQ:BMBL) scores over Match Group Inc (NASDAQ:
Shares of Bumble Inc., the owner of the dating app where women make the first move, soared 67% on trading debut to $72 in New York, valuing CEO Whitney Wolfe Herds stake at $1.5 billion.
Shares of Bumble Inc, backed by Blackstone Group Inc, soared more than 76 percent in their stock market debut on Thursday, fetching a US$14 billion valuation for the operator of the dating app where women make the first move. The company’s shares opened at US$76 on the NASDAQ, well above its initial public offering (IPO) price of US$43 per share. Austin, Texas-based Bumble operates two major apps, Bumble and Badoo, which touts over 40 million monthly active users worldwide. In an interview on Thursday, Bumble chief executive Whitney Wolfe Herd said the global pandemic encouraged people to bu...