The app Bumble has a new owner. The firm Ithaca Holdings buys the app. The price is 1.3 billion dollars. The firm was worth much more in the past. The value was 14 billion dollars in the year 2021.
The new owner takes Bumble from the stock market. People cannot buy shares there anymore. Young people look for love in real life. Apps like Bumble have less success now. The app Tinder has the same problem.
Whitney Wolfe Herd starts Bumble. Women start the chat first in the past. This rule stops in August. John Hegeman and Ravi Gupta lead the firm soon. John Hegeman works as a boss at Meta before.
