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Dating App Bumble Data For IPO, Revealing 42M Monthly Users

Dating App Bumble Data For IPO, Revealing 42M Monthly Users

The Austin-based business filed IPO plans confidentially using the SEC final thirty days, with Bloomberg reporting it was focusing on a short general public providing in February, possibly around Valentine’s Day.

Bumble is famous for being truly a dating that is female-centric where females need to result in the very first move by messaging their match. It competes along with other popular dating apps like Tinder and Hinge (that are owned by Match Group ).

While Bumble were only available in the dating area, it is expanded to focus on users in search of brand new buddies with Bumble BFF and users looking to system with other specialists with Bumble Bizz. Bumble runs the apps Bumble, which established in 2014, and Badoo , that was first introduced in 2006.

With its S-1 enrollment document with the Securities and Exchange Commission filed Friday, Bumble stated that it had about 42 million month-to-month active users throughout the 3rd quarter of 2020 and around 2.4 million spending users at the time of September 2020.