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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 buyer. The talks come as Bumble tries to win back users with AI. Neither company has confirmed a deal. Both declined to comment. Still, Bumble

Reported by Micah Abiodun, Cryptopolitan

Image: Cryptopolitan

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 buyer. The talks come as Bumble tries to win back users with AI. Neither company has confirmed a deal. Both declined to comment. Still, Bumble shares surged roughly 50% to $3.80 that Monday, their biggest one-day percentage gain on record. Founded by Whitney Wolfe Herd in 2014, Bumble went public in 2021 at a valuation of about $14 billion. Five years later, the proposed price tells a very different story.

This is an excerpt. The reporting belongs to Cryptopolitan.

Read the full report on cryptopolitan.com
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