Bumble is swiping left on the public market
Dating app Bumble is set to go private in a $1.3 billion deal with Ithaca Holdings, marking a significant shift for the company. This move comes as Bumble struggles with declining user engagement and changing preferences among younger consumers. The deal values Bumble at $1.3 billion, with the company opting to delist from the public market.
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- ✓ Bumble is set to go private in a $1.3 billion deal with Ithaca Holdings.
- ✓ The deal values Bumble at $1.3 billion.
- ✓ Bumble was in advanced talks to go private at a $1 billion valuation.
- ✓ Bumble had 2.4 million paying users in 2025.
What changed
Bumble's decision to go private in a $1.3 billion deal with Ithaca Holdings represents a significant development in the company's history, marking a shift away from its public listing.
Live updates
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Bumble to go private in $1.3 billion deal with Ithaca Holdings
Dating app Bumble is set to go private in a $1.3 billion deal with Ithaca Holdings, marking a significant shift for the company. This move comes as Bumble struggles with declining user engagement and changing preferences among younger consumers. The deal values Bumble at $1.3 billion, with the company opting to delist from the public market.
Why it matters
Bumble, founded by Whitney Wolfe Herd in 2014, has been a major player in the online dating space. The company's decision to go private reflects its efforts to revamp and regain momentum in a highly competitive market. Ithaca Holdings, the acquiring entity, is expected to take the company private, allowing it to operate with more flexibility and less public scrutiny.
What is confirmed
- Bumble is set to go private in a $1.3 billion deal with Ithaca Holdings.
- The deal values Bumble at $1.3 billion.
- Bumble was in advanced talks to go private at a $1 billion valuation.
- Bumble had 2.4 million paying users in 2025.
Still unconfirmed
- Bumble in $1bn takeover talks
What to watch next
- Completion of the $1.3 billion deal
- Changes in Bumble's leadership and operations
- Impact on Bumble's user engagement and market position
confidence 95%Sources used for this update (14)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- gizmodo.com — Gizmodo | The Future Is Here
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- WSJ — Exclusive | Dating App Bumble in Advanced Talks to Go Private at $1 Billion Valuation
- BBC — Bumble shares soar after report dating firm in $1bn takeover talks
- Yahoo Finance — Why Bumble Stock Skyrocketed Today
- Bloomberg.com — Bumble to Delist in $1.3 Billion Deal With Ithaca Holdings
- Business Insider — Bumble is swiping left on the public market — and it has 2 new male CEOs
- fortune.com — Hachette’s CEO says AI shortcuts are creating a ‘worse C-suite'
- techstory.in — Bumble to Go Private in $1.3 Bn Deal With Ithaca Holdings as Dating App Struggles - TechStory
- www.fsm.agency — 10 Films & Limited Series Every Marketer Should Watch - Let's Grow
- bumble.com — Bumble | Date, Chat & Meet New People
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