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Dating app Bumble looks to raise over US$1 billion in US IPO Toggle share menu Advertisement 02 Feb 2021 07:50PM (Updated: 02 Feb 2021 08:20PM) Share this content Bookmark REUTERS: Bumble Inc, which operates its eponymous dating app, is looking to raise as much as US$1.04 billion in its initial public offering, as it prepares for a high-profile stock market debut at a time when U.S. capital markets have touched record highs. In a regulatory filing on Tuesday, Bumble said it would sell about 34.5 million shares in its IPO, priced at US$30 each on the up...
By Reuters Staff 1 Min Read Feb 2 (Reuters) - Dating app Bumble Inc is looking to raise as much as $1.04 billion in its initial public offering, it said in a filing on Tuesday. (Reporting by Anirban Sen in Bengaluru; Editing by Shailesh Kuber)
Article content Dating app operator Bumble Inc hopes to be worth nearly $6 billion in a stock market launch later in February, seeking to cash in on record-breaking demand for new shares on U.S. capital markets. Bumble is unique among dating apps for letting women make the first move and was founded in 2014 by Whitney Wolfe Herd, a co-founder of rival app Tinder, which she left earlier that year. We apologize, but this video has failed to load. Try refreshing your browser, or Dating app Bumble aims for nearly $6 bln valuation in U.S. IPO Back to video In 2019, private equity giant Blackston...
Dating App Bumble Sets Price Range for Up to $1B in U.S. IPO Related Stories March 19, 2021 March 16, 2021 March 12, 2021 Bumble Inc., the dating app where women make the first move, set the terms for a U.S. initial public offering that could raise as much as $1 billion. The Austin, Texas-based company plans to sell 34.5 million shares at $28 to $30 apiece, it said in a Tuesday filing with the U.S. Securities and Exchange Commission. Bumble was founded in 2014 by Chief Executive Officer Whitney Wolfe Herd. It plans to list around Valentine’s Day, people with knowledge of the matter have sa...