Bumble in Advanced Acquisition Talks Valued at $1 Billion as Shares Surge Nearly 50%

Bumble is reportedly in advanced acquisition discussions with Ithaca Holdings at a valuation of approximately $1 billion. The reports triggered a nearly 50% surge in Bumble's share price. The company has been navigating declining revenue, a reduced paying user base, and workforce reductions, while founder Whitney Wolfe Herd returned as CEO in March 2025.

Talks over a potential buyout of Bumble — with the app's valuation pegged at roughly $1 billion in those discussions — are said to be well along, though the dating platform, counted among the most-downloaded in its category worldwide, has yet to confirm or announce any agreement. Bumble's current market value of around $580 million marks a steep departure from the $14 billion peak the company reached when it listed on the Nasdaq in 2021. When Whitney Wolfe Herd — a founding team member at Tinder before striking out on her own — established Bumble in 2014, the platform took hold in an already crowded field of digital matchmaking services. The platform built its design around one notable rule: when it came to starting a conversation with a matched contact, that opening move belonged exclusively to women. During that stretch, Bumble contended with a notable shift in user behaviour, as a measurable share of its younger demographic pulled back from digital dating platforms entirely. Announcing that 2025 would mark a shift in how people meet online, Wolfe Herd unveiled a restructuring plan that would cut the workforce by around a third.

Bumble in Advanced Acquisition Talks Valued at $1 Billion as Shares Surge Nearly 50%

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Bumble in Advanced Acquisition Talks Valued at $1 Billion as Shares Surge Nearly 50%

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