Bumble agreed to be acquired by Ithaca Holdings for $1.3 billion, which would take the company private. It went public in 2021 at a valuation of about $14 billion; its second-quarter 2026 revenue was $211 million, down 15.2% from a year earlier, and paying users fell 16.4% to about 3.2 million. An independent board committee recommended the deal; founder Whitney Wolfe Herd did not take part in the vote and says she will stay involved alongside Ithaca's Ravi Gupta and John Hegeman.