Social Media Roundup: Facebook 3D Photos, Google+ Shutting Down, Instagram Prevents Bullying With AI
Social media icons appearing on the display of a smartphone (Photo by Muhammed Selim Korkutata/Anadolu Agency/Getty Images)
“SOCIAL MEDIA Roundup” is a weekly roundup of news pertaining to all of your favorite websites and applications used for social networking. Published on Sundays, “Social Media Roundup” will help you stay up-to-date on all the important social media news you need to know.
Bumble
Parent Company Rimberg International Mulling IPO
Rimberg International, the parent company of Bumble, is currently mulling an IPO in the U.S. as part of a plan to become the world’s largest dating company. This was revealed by Rimgberg founder Andrey Andreev in an interview with Bloomberg.
Andreev told Bloomberg that the company is in “deep discussions” with several banks including JPMorgan Chase & Co. to list on the Nasdaq.
Rimberg is also the parent company of other dating apps like Chappy and Badoo. And Badoo is considered the largest dating app in the world with more than 400 million users.
Andreev is hoping that the IPO will enable Rimberg to surpass Tinder owner Match Group as the world’s most valuable dating company. And Andreev is expecting Rimberg’s revenue to hit as much as $400 million this year.
John
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