CatalystCorporate
Dating app Bumble in $1bn takeover talks, say reports
Bumble shares soar on reported $1bn takeover talks.
Context
What happened: Bumble shares rose almost 50% after a Wall Street Journal report that the dating app firm is in advanced talks to be bought by technology holding company Ithaca for around $1bn.
Key numbers: About $1bn (£757m) takeover price. Shares up almost 50%. Valuation over $580m, below a 2021 Nasdaq listing peak of more than $14bn.
Why it matters: A deal could be announced as early as this week. Bumble faces a crowded market with slowed growth, and Match Group shares have also fallen sharply from their 2021 peak.
What changed
Bumble shares rose almost 50% after a Wall Street Journal report that the dating app firm is in advanced talks to be bought by technology holding company Ithaca for around $1bn.
Why it matters
A deal could be announced as early as this week. Bumble faces a crowded market with slowed growth, and Match Group shares have also fallen sharply from their 2021 peak.
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Oct 13, 2026 09:45 AM ET