Blackstone and founder Whitney Wolfe Herd to sell 12.5M shares of Bumble; preliminary paying users up 13.4% YoY

Bumble Inc.

Selling stockholders (Blackstone and Whitney Wolfe Herd) commence public offering of 12.5M shares of Class A common stock; underwriters have 30-day option for additional 1.875M shares.
Company will not receive any proceeds from the offering; will bear costs other than underwriting discounts.
Preliminary paying users for Jan-Feb 2023: Bumble App 2.279M (+30.7% YoY), Badoo App 1.143M (-10.4% YoY), total 3.422M (+13.4% YoY).
Preliminary data is subject to adjustment and not necessarily indicative of full Q1 2023 results.

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