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Market Chatter: Bumble in Talks to be Taken Private at $1 Billion Valuation

Market Chatter: Bumble in Talks to be Taken Private at $1 Billion Valuation

MT newswireMT newswire2026/10/12 18:25
02:25 PM EDT, 10/12/2026 (MT Newswires) -- Bumble (BMBL) is in advanced talks to be taken private by Ithaca Holdings in a deal that values the dating app at about $1 billion, The Wall Street Journal reported Monday, citing people familiar with the matter. Bumble's founder, Whitney Wolfe Herd, is expected to roll at least part of her stake in the company as part of the deal and remain involved in operations, the report said. A deal could come as soon as this week, the report said. Bumble didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 3.08, Change: +0.54, Percent Change: +21.26
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