nuOct 13, 2026, 16:23

Dating app Bumble to be acquired and delisted from stock exchange

Bumble is being acquired by Ithaca Holdings for 6.05 dollars per share, marking the dating app's exit from the stock market. The move follows a period of declining user engagement as the platform attempts to pivot away from its original female-led initiation model.

The dating application Bumble is set to be acquired by Ithaca Holdings in a deal valued at 6.05 dollars per share, representing a 138 percent increase over the company's previous closing price. This acquisition marks the end of Bumble's time as a publicly traded company, following a turbulent period characterized by a decline in user engagement. The company has struggled to maintain its popularity as younger users increasingly prioritize face-to-face interactions over digital dating experiences.

The current valuation is a stark departure from the company's status during its 2021 initial public offering, when it was worth approximately 14 billion dollars. Founded in 2014 by Whitney Wolfe Herd, Bumble famously allowed only women to initiate conversations after a match, a policy that was recently abandoned. In an effort to counteract declining interest, the platform previously introduced AI tools to assist with profile optimization and conversation, though experts suggest these features are primarily designed to maximize time spent on the app rather than improving actual user connections.

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Based on reporting by nu. Translated and condensed by LocalHeadlines.

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