Bumble, an Austin-based dating app company, is exploring a sale with Morgan Stanley as online-dating growth slows, according to people familiar with the matter.

London Stock Exchange Group data shows Blackstone owns about 22% of Bumble.

Meanwhile, Bumble’s shares have fallen 48% in the past 12 months, leaving the company with a market value of about US$388 million.

Bumble said paying users fell more than 11% to about 3.7 million in 2025 as revenue slipped nearly 10% to about US$966 million.

In the first quarter of 2026, paying users fell 21.1% to 3.2 million. Bumble described the decline as a deliberate reset to prioritize more engaged users.

The potential sale follows Blackstone’s 2019 deal that valued Bumble’s parent, then called MagicLab, at about US$3 billion. Bumble later raised US$2.2 billion in its 2021 initial public offering.

🔗 Source: Reuters

Recent Bumble developments