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Published On: Fri, Nov 8th, 2019

Blackstone takes majority stake in ‘Bumble’ parent, values firm at about $3 billion

Blackstone Group Inc is taking a majority stake in MagicLab, the parent company of dating app “Bumble” and “Badoo”, valuing the company at about $ 3 billion, the private equity firm said in a statement on Friday.


Reuters: Technology News

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Blackstone takes majority stake in ‘Bumble’ parent, values firm at about $3 billion