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Is Bumble a Threat to Match Group?

TheMotleyFool

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Match Group (NASDAQ: MTCH), the owner of Tinder and the dominant player in online dating apps, has seen its stock rise over 1,000% since its initial public offering (IPO) in 2015. Bumble, one of Match's only sizable direct competitors, is rumored to be heading for an IPO itself sometime early in 2021 at a valuation of $6 billion to $8 billion. With Match stock trading near all-time highs, should investors be worried that Bumble is coming for its thunder?

Let's dig into the numbers and find out.

Image source: Getty Images.

Source Fool.com

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