Bumble engages Morgan Stanley for a potential sale as its market value drops to $388 million following a 48% share decline over the past year.
Bumble is considering a sale after experiencing a sharp decline in growth within the online dating sector. The company, known for its women-first approach, has enlisted Morgan Stanley to explore potential sale options, though no deal is guaranteed and it may remain independent.
Shares of the Austin-based company have fallen 48% over the past 12 months, reducing its market value to $388 million. Bumble went public in 2021 at a valuation exceeding $7 billion, with Blackstone acquiring a majority stake in 2019 at a $3 billion valuation. Blackstone recently sold $28.2 million of Bumble shares this month.
The company, founded by Whitney Wolfe Herd, saw her return as CEO in March 2025 after stepping down in 2023. Bumble’s user growth has slowed, contributing to its strategic review.