One day, the dating site for women exploded in the stock market

In a single day, the value of Bumble, which operates online dating platforms, has grown significantly, turning Whitney Wolfe Herd, just 31, into one of the richest but also the youngest female American business owners.

Listing a company that runs random apps around Valentine’s Day (and during pandemic closures) seems to be a particularly lucrative deal, at least as evidenced by the example of Bootle, who also owns Badoot, whose papers closed at $ 76 after the $ 43 opening price yesterday. raising the value of the company from $ 8 billion to $ 13 billion.

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The sudden soaring of the Bumble can be considered a success for the fairer sex in all respects, both because the service is based on centuries-old dogmas and is based on women’s initiative, and partly because it is owned, perhaps not by chance, by Whitney Wolfe Herd, now only 31 years old. she was a midwife but left the rapid dating site due to sexual harassment.

Wolfe Herd then met with Russian billionaire Andrei Andreev, the founder of Badoo, with whom they became partners and launched Bumble in 2014. The billionaire eventually sold his stake in 2019 to Wolfe Herd, who has since run the company alone, whose apps and platforms are used regularly by roughly 40 million globally, of which 2.4 million also pay for the service.


Source: HWSW Informatikai Hírmagazin by www.hwsw.hu.

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