Bumble dating app owners are considering selling the company, Reuters reported exclusively. This was reported by Qazaqyia.kz citing Reuters.
According to sources, Bumble has hired investment banks to negotiate with potential buyers. The company's market value is approximately $1.5 billion.
Bumble was founded by Whitney Wolfe Herd in 2014 and is known as a dating platform where women make the first move. The company held its IPO on the Nasdaq exchange in 2021.
No decision on the sale has been made yet, and negotiations could fall through. Bumble representatives have not officially commented on the information.