Bumble agrees to a $1.3B acquisition deal
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Austin-based dating app Bumble Inc. is being acquired by an investment firm in a $1.3 billion deal that will take the company private.
Bumble Inc. (NASDAQ: BMBL) ("Bumble" or "the Company") today announced that it entered into a definitive agreement to be acquired by Ithaca Holdings ("Ithaca") in an all-cash transaction valuing the Company at $1.
Struggling dating app Bumble has a suitor. The company is in advanced talks to go private through a newly formed investment firm for roughly $1 billion — a fraction of the more than $14 billion it was worth following its 2021 stock market debut.
Dating app maker Bumble is venturing into generative AI. During the company’s fourth-quarter earnings on Wednesday, Bumble introduced a new AI assistant it’s calling “Bee,” designed to become a personal matchmaker that learns users’ “values ...
Bumble, the beleaguered dating app whose stock has lost 90% of its value since going public in 2021, is axing 30% of its workforce. The company announced in a regulatory filing Wednesday that the layoffs amount to 240 positions and will save Bumble $40 ...