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 valuation but has since faced a 15.2% revenue drop and a 16.4% decline in paying users. The privatization aims to give Bumble flexibility to innovate away from public market pressures, including exploring AI features and new interaction models beyond swiping. Founder Whitney Wolfe Herd will remain actively involved in the company’s future alongside Ithaca's leadership.
As of Oct 13, 2026 21:41 WIB, Bumble Inc (BMBL) shares on Pluang surged by 56.32% to USD 5.94, reflecting strong market reaction to the $1.3 billion acquisition deal by Ithaca Holdings. The stock's market cap stands at $500.82 million with a trading volume of over 40 million shares, indicating significant investor interest. This notable price jump contrasts with Bumble's recent struggles in subscriber and revenue declines reported in the news.
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...
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...
