The jump pushed Bumble's stock market valuation to more than $580m but that is still far below their peak of more than $14bn.
Founder Whitney Wolfe Herd is expected to stay involved with the company as part of the deal.
Bumble is in advanced talks to be taken private by Ithaca Holdings in a deal valuing the dating app at about $1bn, Reuters reports. Shares jumped 50%.
Shares of dating-app company Bumble Inc. soared after the Wall Street Journal reported that it’s in advanced talks to be taken private in a deal that values it at around $1 billion.
The prospective buyer for Bumble is Ithaca Holdings, a recently formed firm led by two Silicon Valley executives, the Wall ...
Bob Chapek says he gave Bob Iger a gift — a gold coin for the mast of his $45 million yacht.
Bumble stock rose 52% on Monday following a Wall Street Journal report that it would be taken private for $1 billion. The company will go down as a great case study in what happens when a digital ...
Bumble shares jumped over 20% Monday afternoon after The Wall Street Journal reported the company was in advanced talks to go ...
Shares of Bumble were skyrocketing on Monday, up more than 50% ahead of the closing bell, following a report in The Wall Street Journal that the company was in adv ...
Dating app company Bumble is in advanced talks to be taken private by a holding company founded recently by former Sequoia’s partner Ravi Gupta, the Wall Street Journal reported Monday. A deal would ...
Ladies first… but possibly not for long. The CEO of Bumble, the dating app where women are required to message first, is rethinking the app’s signature feature. Since its founding in 2014, the selling ...
By Milana Vinn Oct 12 (Reuters) - Bumble is in advanced talks to be taken private by Ithaca Holdings in a deal that values ...