Bumble, Inc. launches an IPO.

IPO of Bumble, Inc. (BMBL) will take place on February 10, 2021. Bumble is a dating app with over 100 million registered users.  Bumble differs from other similar apps: it offers a woman to make the first step, regardless of who is her interlocutor (a man or a woman). The uniqueness of the application is that after mutual likes, a woman is given 24 hours to start a conversation.

According to a study published by PNAS (which is the leading American journal for the publication of original scientific research in various fields), online dating is the most common way of dating in the United States. Approximately 40% of new couples met online, surpassing bars, restaurants and friends as a primary source of dating.

The main investor is Blackstone (NYSE: BX), one of the world's leading investment companies. As of September 30, 2020, the total assets under Blackstone's management across its various divisions were over $584 billion.
The estimated valuation of the company after its IPO will be US$5.9 billion.

The listed bookrunners of the IPO are Goldman Sachs, Citigroup, Morgan Stanley, JP Morgan, Jefferies, RBC Capital, Evercore ISI, Blackstone Capital, BMO Capital, Cowen, Raymond James, Stifel, BTIG, Nomura, SMBC Nikko, AmeriVet Securities, CL King & Associates  , Drexel Hamilton, Loop Capital, R. Seelaus & Co., Ramirex & Co., Siebert Wililams Shank and Telsey Advisory Group.