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Bumble Considering IPO in Early 2021: Report | #facebookdating | #tinder | #pof | romancescams | #scams



Dating application Bumble is preparing for an initial public offering as soon as early next year, Bloomberg reported Wednesday, about a year after Blackstone Group  (BX) – Get Report bought a majority stake in the company. 

Bumble could seek a valuation between $6 billion and $8 billion, Bloomberg’s sources said, though no plans have been finalized and the timeline for the IPO could change. 

Blackstone bought a majority stake in Bumble last year in a deal that valued the company, then called MagicLab, at $3 billion. 

Bumble is a rival to Match Group  (MTCH) – Get Report and its portfolio of dating apps such as Tinder, Match and OkCupid. 

Two weeks ago, Airbnb submitted paperwork for an IPO, as a hot IPO market has been a bright spot in 2020. 

The number of shares to be offered and the price range for Airbnb’s proposed offering had not been determined when the company made its announcement. 

Earlier this year, it was reported that Match Group had contacted rival Meet Group  (MEET) – Get Report about a possible takeover. 

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