# Bumble Shares Surge 52% on $1 Billion Private Deal

> Bumble shares jump 52% after private deal talks with Ithaca Holdings at $1 billion valuation.
- Title: Bumble Shares Surge 52% on $1 Billion Private Deal | Shortify
- Summary: Bumble shares jump 52% after private deal talks with Ithaca Holdings at $1 billion valuation. Bumble's shares rose 52% to $3.86 after advanced talks to go…
- Keywords: bumble, ithaca holdings, private deal, stock valuation, dating app, us stocks, money, business, Shares, Surge, Billion, Private
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/us-stocks/news/us-stocks-dating-app-bumble-shares-surge-52-on-talks-to-go-private-at-1-billion-valuation-report/articleshow/134901295.cms
- Author: Reuters
- Published: 2026-10-12T18:41:00+00:00
- Read time: 1 min
- Topics: bumble, ithaca holdings, private deal, stock valuation, dating app, us stocks, money, business
## Bumble Shares Surge
Bumble shares rose 52% to $3.86 after advanced talks to be taken private by Ithaca Holdings.

> Bumble is in advanced talks to be taken private by Ithaca Holdings in a deal that values the dating app operator at roughly $1 billion
## Private Deal Valuation
The deal values Bumble at $1 billion, a significant increase from its $389 million market valuation as of Friday's close.

> As of Friday's close, Bumble had a market valuation of roughly $389 million
## Bumble's Market Pressure
Bumble and Match Group face pressure from weaker user engagement, especially among Gen Z users tired of endless swiping.

> Bumble and larger rival Match Group, which owns Tinder, Hinge and OkCupid, have been under pressure in a crowded market grappling with weaker user engagement, particularly from younger Gen Z users tired of endless swiping
## Bumble's Leadership
CEO Whitney Wolfe Herd returned to the role in March 2025 after stepping down in January 2024 to overhaul the app with AI features.

> Founded in 2014 by CEO Whitney Wolfe Herd, Bumble pioneered the "women-first" approach to online dating. Under Wolfe Herd, who returned to the CEO role in March 2025 after stepping down in January 2024, Bumble is overhauling its dating app with AI-powered features
## Market Context
Bumble's shares had fallen nearly 29% this year, reflecting broader challenges in the online dating sector.

> Shares of the company, based in Austin, Texas, had fallen nearly 29% this year
## Key takeaway

Bumble's shares rose 52% to $3.86 after advanced talks to go private at $1 billion valuation.