Dating app Bumble explores sale amid slowing growth: Report.
Article excerpt
Dating app Bumble explores sale amid slowing growth: Report. By Reuters June 26, 2026, 1:04:58 AM IST (Published) Dating app Bumble is exploring a sale amid slowing growth in the online dating sector, according to three people familiar with the matter. Top Gainers Top Losers Most Active Price Shockers Volume Shockers | Company | Value | Change | %Change | | Gujarat Natural Resources Ltd. ₹101.85 | 16.97 | 19.99 | | Somi Conveyor Beltings Ltd. ₹115.33 | 17.52 | 17.91 | | Saksoft Ltd. ₹160.45 | 21.02 | 15.08 | | Ramco Industries Ltd. ₹342.75 | 38.60 | 12.69 | | Relaxo Footwears Ltd. ₹413.55 | 44.60 | 12.09 | As on Jun 25, 2026 3:59 PM The company, which gained recognition as one of the first major platforms to require women to initiate contact, is working with investment bankers at Morgan Stanley on a potential sale process, the sources said, requesting anonymity because the discussions are private. Sources cautioned that no deal is certain and the company may decide to stay independent. Bumble did not immediately respond to a request for comment. Morgan Stanley and asset manager Blackstone, which owns about 22% of Bumble according to LSEG data, declined to comment. Shares of Bumble, based in Austin, Texas, have fallen 48% over the past 12 months, leaving it with a market value of $388 million. Whitney Wolfe Herd, a co-founder of Tinder, founded Bumble in 2014 and...
Keep reading with a free account
The rest of this article, and every signal for Bumble, is in your free account.
Extracted from this sentence
Wolfe Herd, the youngest woman to take a company public in the United States when Bumble debuted in 2021, returned as chief executive in March 2025 after previously stepping down as CEO in 2023.
