Business · Updated 13 Oct, 12:06 am IST

Bumble in advanced talks to go private at $1 billion valuation

Why it matters for readers: It matters because a move like this can reshape how a popular app is run and how users experience it over time.

Bumble is in advanced talks to go private at an estimated $1 billion valuation.1
Shares of Bumble rose about 21% in afternoon trading after the report.1
Reuters had earlier reported that Bumble was exploring a sale as online dating growth slows.1

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