REUTERS – Bumble is in advanced talks to be acquired by Ithaca Holdings in a deal valuing the dating app company at $1 billion. Ithaca Holdings is a technology investment company founded by Ravi Gupta and John Hegeman. Bumble shares jumped 50% on Monday following the news. Bumble went public in 2021 at a valuation of $14 billion. Annual revenue declined nearly 10% to $966 million in 2025, while paying users fell more than 11% to 3.7 million. Founder Whitney Wolfe Herd returned as CEO in March 2025 and has since introduced AI-powered features and new ways for users to connect. Neither company has confirmed the proposed deal.