Bumble IPO: Business Model Behind Matchmaking Programs And Just How Online Dating Sites Got Pay-To-Play.
Bumble, the matchmaking pc software enabling babes to make the first rung on the ladder, topped US$13 billion on saturday, 12 February. It issued 50 million inventory at US$43 each, and can augment significantly more than US$2bn. In the NASDAQ as “BMBL”, their unique agencies brought up by 63.5per cent to US$70.55 in the basic trading and investing and spending program, valuing the company over US$7.7 billion. Read more