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Dating App Bumble Sets IPO Price Range for Up to $1 Billion

  • Dating app to sell 34.5 million shares at $28 to $30 apiece
  • Bumble could have enterprise value of as much as $6.46 billion
Blackstone Seeks Payout From Bumble Loan Amid Online Dating Boom
Photographer: Gabby Jones/Bloomberg
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Bumble Inc., the dating app where only women can make the first move, set the terms for a U.S. initial public offering to raise as much as $1 billion.

The company plans to sell 34.5 million shares for $28 to $30 apiece, it said in a filing Tuesday with the U.S. Securities and Exchange Commission.