Bumble's stock surged 56% after agreeing to be taken private by Ithaca Holdings in an all-cash deal valuing the company at $1.3 billion, or $6.05 per share. This offer represents a 122% premium over the previous closing price and ends Bumble's nearly two-year revenue decline amid user losses. The deal, backed by major shareholders including Blackstone and Bumble's founder, removes uncertainty around Bumble's turnaround efforts and sets a clear valuation. Meanwhile, rival Match Group gained 2%, continuing to trade based on its app performance as Bumble transitions to private ownership.
Bumble shares rose sharply by 56.32% to USD 5.94 on Pluang as of Oct 13, 2026 22:21 WIB, reflecting strong market reaction to the buyout news. Match Group also gained 1.61%, trading at USD 42.19 with a market cap of $9.53 billion. Blackstone shares fell 3.11% to USD 111.20, with investors showing 95% sell activity on Pluang at the same time.
Bumble has agreed to be acquired by Ithaca Holdings for $1.3 billion, taking the dating app private after years of declining subscribers and revenue. Founded in 2014 with a unique women-first approach, Bumble went public in 2021 at a $14 billion valu...
Bumble's shares surged nearly 50% after reports that the dating app is in advanced talks to go private in a deal valuing the company at about $1 billion, far below its $14 billion 2021 valuation. The potential buyer is Ithaca Holdings, but no officia...
Bumble, the dating app founded by Whitney Wolfe Herd, is in advanced talks to be acquired by Ithaca Holdings for about $1 billion, a steep drop from its $14 billion valuation at its 2021 IPO. The company has faced declining revenue and a shrinking nu...
