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Bumble’s $14 billion date: Blackstone backed dating app soars on market first

Bumble's $14 billion date: Blackstone backed dating app soars on market first (Reuters) - stocks of Bumble Inc, backed by Blackstone Group Inc, soared significantly more than 76% inside their currency markets debut on Thursday, fetching a $14 billion valuation for the operator for the dating application where females result in the move that is first. The company’s shares opened at $76 regarding the Nasdaq, well above its initial general public offering (IPO) cost of $43 per share. Austin, Texas-based Bumble...

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