Bumble Eyeing a $6 Billion Initial Public Offering

Virtue dating app Bumble has announced that it’s eyeing an initial public offering, sources involved with the matter revealed the company is looking forward to have a $6 billion to $8 billion market valuation after the IPO.

According to the source, this Bumble is aiming to conduct its IPO during the first quarter next year however this plans has not yet been finalized and at this stage everything is subject to change.

Many companies were prepared to go public earlier this year however this plans were dealt with a blow by the pandemic forcing a majority of them to shelf the plans a bit. Bumble happens to be among them.

Leave a comment