Zhitong Finance App learned that the big news that Bumble (BMBL.US), a well-known dating app provider in the US, will be privatized has settled. According to a statement released on Monday, Ithaca Holdings, founded by Sequoia Capital partner Ravi Gupta and former Meta executive John Hegeman, privatized Bumble at a price of $1.3 billion. The corresponding purchase price was $6.05 per share, a 138% premium over Bumble's closing price last Friday.

Zhitong Finance App learned that the big news that Bumble (BMBL.US), a well-known dating app provider in the US, will be privatized has settled. According to a statement released on Monday, Ithaca Holdings, founded by Sequoia Capital partner Ravi Gupta and former Meta executive John Hegeman, privatized Bumble at a price of $1.3 billion. The corresponding purchase price was $6.05 per share, a 138% premium over Bumble's closing price last Friday.