Bumble, a Humble Dating App, Is a $13bn Tech Corporation Today: The Full Journey
FOLLOW US ON:
Bumble dating app is enjoying quite the spotlight after its CEO Whitney Wolfe Herd recently became the youngest self-made woman billionaire in the world. Although the app has been around since 2014, Herd took the company public in the US last week where its shares soared over 76 percent in its trading debut to $76 (approx Rs 5,500), valuing the 31-year-old at $1.5 billion who owns 11.6 percent stake. The company s own market value soared more than $13bn after listing shares. But apart from the recent success, Bumble has been well-known in the dating app segment for the last few years and also enjoys huge popularity among customers in India. The app has been described as a feminist dating platform by Herd, as it empowers women to take control over their matches and conversations. It essentially pursues women to make the first move, among other controls.
Компания AMD нанимает Linux-разработчиков internetua.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from internetua.com Daily Mail and Mail on Sunday newspapers.
Friday, 12 Feb 2021 09:39 AM MYT
The display outside the Nasdaq MarketSite is pictured as the dating app operator Bumble Inc made its debut on the Nasdaq stock exchange during the company s IPO in New York February 11, 2021. Reuters pic
Subscribe to our Telegram channel for the latest updates on news you need to know.
NEW YORK, Feb 12 Shares of Bumble Inc, backed by Blackstone Group Inc, soared more than 76 per cent in their stock market debut yesterday, fetching a US$14 billion (RM56.5 billion) valuation for the operator of the dating app where women make the first move.
The company’s shares opened at US$76 on the Nasdaq, well above its initial public offering (IPO) price of US$43 per share. Austin, Texas-based Bumble operates two major apps, Bumble and Badoo, which touts over 40 million monthly active users worldwide.
The shares of the dating app, where women make the first move, soared to as high as $76 from its initial price of $43 per share on its trading debut on Thursday.
Вышел в свет первый номер Газеты Дело за 2021 год sia.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sia.ru Daily Mail and Mail on Sunday newspapers.