# Dating app Bumble preparing for $6 billion-plus IPO | Tech News (HT Tech) > 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. # Dating app Bumble preparing for $6 billion-plus IPO ## 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. Aug 20 2022, 22:53 IST ![Follow on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/follow-us-facebook.png) ![Follow on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/follow-us-facebook-hover.png) ![Share](https://images.hindustantimes.com/tech/static/revamp/images/png/Share.png) ![Share](https://images.hindustantimes.com/tech/static/revamp/images/png/Shareclicked.png) ![Share on WhatsApp](https://images.hindustantimes.com/tech/static/revamp/images/png/whatsapp.png) ![Share on WhatsApp](https://images.hindustantimes.com/tech/static/revamp/images/png/whatsapp-hover.png) ![Share on Twitter](https://images.hindustantimes.com/tech/static/revamp/images/png/twitter.png) ![Share on Twitter](https://images.hindustantimes.com/tech/static/revamp/images/png/twitter-hover.png) ![Share on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/facebook.png) ![Share on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/facebook-hover.png) ![Bookmark](https://images.hindustantimes.com/tech/static/revamp/images/png/Bookmark.png) ![Bookmarked](https://images.hindustantimes.com/tech/static/revamp/images/png/Bookmarked.png) ![Bumble gears up for IPO](https://images.hindustantimes.com/tech/img/2020/09/02/1600x900/untitled_image_-_2020-07-30T131844.152_1596095325058_1596095335047_1599016663398.jpg) Bumble gears up for IPO (Bumble) ![Author Photo](https://images.hindustantimes.com/tech/static/revamp/images/png/HTTech-new-circle-logo.png) ### By BLOOMBERG 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 finalised 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. Private equity firm Blackstone Group Inc. bought a majority stake in Bumble last year -- when it was known as MagicLab -- in a deal that valued the company at $3 billion. Founded in 2006 by Andrey Andreev, MagicLab had been mulling an IPO before that deal. Also read click here. Representatives for Bumble and Blackstone declined to comment. ALSO READ: Looking for love or something like that? Here are 5 dating apps you can swipe on in India The Bumble app was started in 2014 by founder Whitney Wolfe Herd, who previously co-founded Tinder, where she had been an executive. She became chief executive officer of the family of apps as part of the deal with Blackstone. ALSO READ: Chingari bags investment from Tinder CPO and OLX founder Other investors include venture capital firms Accel, Bessemer Venture Partners and Greycroft. By Katie Roof and Kiel Porter Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. 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