Bumble to be worth billions when listed on US stock market

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.

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

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

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks lose ground as new US-China tensions emergeUS stocks ease back from record highs as investors get set for another row between the US and China, while stimulus talks drag on. another ABC beat-up, it is not 'tension', it is competition and what the US should have been focussing on all along. Instead of whining and trying to unsuccessfully nobble its competition, the US needs a revamp to make itself better than its rivals. Love the max saturation photo. Was it taken on an iPhone? Biden and Xi called each other on the Chinese New Year Eve Day. ABC fake news is trying to cover up the wrong side that Morrison government stands.
Source: abcnews - 🏆 5. / 83 Read more »