Bumble agrees to a $1.3 billion take-private deal
Five years after a $14 billion IPO, the women-first dating app goes private for less than a tenth of that.
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.
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Bumble
After exploring Bumble agrees to a $1.3B acquisition deal as online dating faces a reset, the company's own history is Bumble.
The online dating and networking app founded by Whitney Wolfe Herd and launched in December 2014; Bumble Inc. also owns Badoo.
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