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Friday, November 8, 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.


from Reuters: Technology News https://ift.tt/2NRCe8h

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