Recently the Dating App Bumble were listed on the stock markets and raised $ 2.15 billion after the IPO for the first time. But the game is not over yet and the company is back in the fray to aggressively raise its IPO by raising a second IPO at $ 43 per share. The app is steadily gaining in popularity due to unbelievable events and successfully surviving in the news. It is one of the companies listed in the Tech category after Airbnb, Doordash and others.
This time the company has decided to give more than 50 million shares to the investors. Even the dating app umble bumble ‘is promoted by popular actress Serena Williams and Hollywood and Bollywood actress Priyanka Chopra. There was humility in the news media after this news.
Bumble is a location-wise social app that helps people communicate correctly and find the right match according to their behavior and personality. It was co-founded by Whitney Wolfe Hard. He applied after resigning from Tinder which is also a dating app. Now according to the latest information, the CEO of the dating app company has become the youngest billionaire woman in the world.
Initially when the first IPO was the strong reason behind the aggressive growth in valuations of the company. According to the information, Bubble had a $ 3 billion valuation in 2019 at the time of the first IPO issuance, but after the IPO at the current date, they jumped to a target of 8.2 billion valuations. Which is incredible for the competitors of this company.
After the huge success the company thanks to its employees who worked hard to achieve this level. Bumble sent a mail to his staff “While we are proud of how far we have come, evolving from a community of just a few to an IPO, today is just one day. It marks the beginning of a very bright future for Bumble Inc., which he believes will change lives and enhance great value for shareholders, ”- Mail.