Dating App Bumble to Plan IPO at $6 Billion-Plus Value
- Bumble in talks with banks about an IPO early next year
- Blackstone Group bought majority stake in Bumble last year
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Bumble, a dating app that lets women make the first move, is preparing for an initial public offering that could come early next year, according to people familiar with the matter.
Bumble could seek a valuation of $6 billion to $8 billion, said one of the people, asking not to be named because the matter is private. While it is talking to banks, it hasn’t settled on a lineup, the people added. No plans have been finalized and the timing of Bumble’s IPO could still change.