Bumble to be worth billions when listed on US stock market

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It has 42 million users a month, including over a million that pay for premium features, and now people have a chance to grab a slice of the company.

The female-focused dating app – which grew in popularity in the Tinder era by only allowing women to make the first move in conversations on its platform – is expected to list on the Nasdaq.

The company’s two apps Bumble and Badoo currently draw 42 million users each month, with 1.1 million paying for Bumble’s premium features.last year that the company will likely seek a valuation between $US6 billion and $US8 billion . Goldman Sachs and Citigroup are working with Bumble on the IPO.

 

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No. Just another tech company, like all the others, doomed.

Cater to the hypergamic natures of women and it will always be worth millions.

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