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ISSUE – Sep. 03| Dating App Bumble to Plan IPO at $6 Billion-Plus Value

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. It would be the latest technology company to consider jumping into the hot IPO market, which could see listings this year from well-known brands including Airbnb Inc and Doordash Inc. [ Bloomberg ]

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