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Bumble agrees to a $1.3B acquisition deal as online dating faces a reset

Bumble has signed a $1.3 billion acquisition deal with Ithaca Holdings, transitioning to a private company. This move comes as the dating app faces declining subscribers and revenue, with recent reports showing a 15.2% drop in second-quarte...

TechCrunch· Oct 13, 2026 · 7:05 PM · 2 views

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Bumble has signed a $1.3 billion acquisition deal with Ithaca Holdings, transitioning to a private company. This move comes as the dating app faces declining subscribers and revenue, with recent reports showing a 15.2% drop in second-quarter earnings. CEO Whitney Wolfe Herd will continue to lead the company alongside Ithaca's management team.

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