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Bumble in advanced talks to go private with Ithaca Holdings at about $1bn

Bumble is in advanced talks to be taken private by Ithaca Holdings in a deal valuing it at roughly $1 billion, a source told Reuters. Its shares jumped about 52% on the news.

2 outlets · 0L · 1C · 1R First reported Account updated
Image: CNA
Image: Irish Independent

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The story, neutrally told

Mixed · 2Bumble is in advanced talks to be taken private by Ithaca Holdings in a deal that values the dating app operator at roughly $1 billion, according to a source familiar with the matter who spoke to Reuters on Monday 12 October. Centre · 1Bumble shares rose around 52 per cent to $3.86 after the report. Centre · 1At Friday's close the company had a market value of roughly $389 million, and its shares had fallen nearly 29 per cent this year.

Centre · 1Neither Bumble nor Ithaca Holdings immediately responded to Reuters' requests for comment, so the talks are unconfirmed by either company. Centre · 1Reuters reported exclusively earlier this year that Bumble was exploring a sale amid slowing growth in online dating. Centre · 1Bumble and larger rival Match Group, which owns Tinder, Hinge and OkCupid, are under pressure from weaker user engagement, particularly among Gen Z users tired of endless swiping.

Centre · 1Founder Whitney Wolfe Herd returned as CEO in March 2025 after stepping down in January 2024, and the Austin, Texas-based company is overhauling its app with AI-powered features to revive growth.

Every sentence links to the reporting it rests on. The pill in front of each says where its sources sit: Left, Centre or Right when one side supplies at least half of them, Mixed when they are evenly split. The number is how many outlets it cites.

Left0 outlets

No left outlet in our sources has covered this story yet.

Centre1 outlet

Framing
Reuters copy carried by CNA: a sourced deal scoop with market reaction and business context on a struggling dating sector.
Emphasis
Valuation, the 52% share jump, slowing growth and Gen Z fatigue.
Leaves out or plays down
No comment from either company.
For example
“a source familiar with the matter told Reuters on Monday” — CNA

Right1 outlet

Framing
Irish Independent headline presents the $1bn take-private as a report-based development, attributed to 'reports'.
Emphasis
The $1bn price and that it rests on reports.
For example
“Bumble in talks to be taken private for $1bn, according to reports” — Irish Independent

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