Bumble In Advanced $1 Billion Takeover Talks With Ithaca Holdings

Dating app operator Bumble is in advanced talks to be acquired by Ithaca Holdings in a potential deal valuing the Austin-based company at approximately $1 billion, according to a report.

Bumble shares surged 50% to $3.81 on Monday, with more than 17.7 million shares traded. Despite the rally, the stock remains about 91% below its February 2021 initial public offering price of $43.

CEO Whitney Wolfe Herd is pursuing a turnaround strategy that includes artificial intelligence-powered features to attract users and revive growth.

However, the potential acquisition still faces hurdles, including board approval, Blackstone’s position and financing terms. A deal could be announced as soon as this week, although Bumble and Ithaca Holdings had not immediately commented on the reported negotiations.

Related Tweet:

Dating app Bumble swipes right on US$1.3b buyout as users fall out of love https://t.co/czB227hMd0

— The Straits Times (@straits_times) October 13, 2026

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tippinsightsTIPP Staff