Emailed on September 4, 2020 in The Friday Forward

The dating and networking app Bumble is readying to go public as soon as early 2021, according to Bloomberg.

• Bumble could seek an initial-public-offering valuation between $6 billion and $8 billion, the news agency reported.

• Launched by Whitney Wolfe Herd in 2014, Bumble has grown to about 100 million users.

• Data shows it is the second-most-popular dating app after Tinder.

Texas-based Bumble would join other tech companies entering the IPO market that could see listings this year, including the vacation-rental app Airbnb and the food-delivery service DoorDash.

Last year, the private-equity firm Blackstone took a majority stake in Bumble's parent firm, MagicLab, valuing the online dating platform at about $3 billion.