AIMashableabout 3 hours ago
Ithaca Acquires Bumble for $1.3 Billion
2 min read
Ithaca Holdings acquires dating app Bumble for $1.3 billion, paying shareholders $6.05 per share. This marks the app's privatization five years after its 2021 IPO. Co-CEOs Ravi Gupta and John Hegeman join Wolfe Herd to lead the company following its recent shift toward AI features.
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