Bumble confirmed on Tuesday that it would be acquired by Ithaca Holdings in a deal that takes the company private.

Bumble surged nearly 50% in a single session on a report that the dating app could go private at a fraction of its 2021 launch valuation, but the deal structure leaves shareholders guessing whether they stand to gain anything at all.

Bumble's growth has stagnated in recent years as younger people have moved away from online dating platforms. The company's revenue fell 15.2% year over year to $210.5 million in the second quarter, driven by a 16.4% decline in total paying users to 3.2 million.

Bumble is in advanced talks to go private in a deal worth about $1 billion, Reuters reported on Monday, October 12, 2026. Ithaca Holdings is the prospective

A surprise all-cash buyout just sent a struggling dating app surging in morning trading, while its biggest rival is moving in a completely different direction for a very different reason.

Bumble is in advanced talks to be taken private by Ithaca Holdings in a deal valuing the dating app at about $1bn, Reuters reports. Shares jumped 50%.

Bumble (BMBL) agreed to be acquired and taken private by technology-focused holding firm Ithaca in an all-cash deal valuing the dating apps operator at $1.3 billion, sending its shares soaring Tuesday.

The jump pushed Bumble's stock market valuation to more than $580m but that is still far below their peak of more than $14bn.

I want to check out a dating app from overseas, but the mechanism where women send the first message, the fees, how easy it is for Japanese people to use, and the safety aspects are all mixed up in my head,