Bumble’s growth has stagnated in recent years as younger people have moved away from online dating platforms. The company’s revenue fell 15.2% year over year to US$210.5 million in the second quarter, driven by a 16.4% decline in total paying users to 3.2 million.

Bumble is breaking up with the Nasdaq. According to a report from Reuters, the floundering dating app has accepted a $1.3 billion bid from Ithaca Holdings to go private, taking the company off the market as it and its many rivals struggle to figure out how to get Gen Zers and Gen Alpha to care about dating again.

The jump pushed Bumble's stock market valuation to more than $580m but that is still far below their peak of more than $14bn.

Bumble is in advanced talks to go private in a deal worth about $1 billion, Reuters reported on Monday, October 12, 2026. Ithaca Holdings is the prospective

Bumble’s revenue and paying user base have shrunk as the dating-app company agrees to a $1.3 billion deal to go private.

The dating app Bumble is being acquired by Ithaca Holdings for $1.3 billion, both companies announced today.

Bumble announced on Tuesday that it would be acquired by Ithaca Holdings for $1.3 billion, a deal that will result in its delisting five years after its IPO. The transaction comes as the US dating app navigates a period of commercial difficulties and seeks to rekindle growth.