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Stock impact report

A product manager behind Facebook's dating feature explains how it's looking to compete with apps like Tinder and Bumble [Business Insider]

Match Group, Inc. (MTCH) 
Last match group, inc. earnings: 2/4 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mtch.com/investor-relations
Business Insider spoke with a product manager behind Facebook's attempt to help people find love. Facebook isn't giving up on dating. Meta's dating product, Facebook Dating , got a slew of new features last month and the team behind it believes it can help users who are struggling with dating app fatigue. And before you ask, yes, real people are using it. I even set up an account to see it for myself. Meta announced earlier this year that the dating product, which launched in 2019, had grown its user base by 20% year over year within the US and Canada. Among young adults, Meta also reported that daily conversations increased 24% year over year. Meta didn't disclose how many people are using it, however. Meanwhile, dating incumbents like Match Group and Bumble have been grappling with users' diminishing stamina for online dating The biggest pitch Facebook Dating has going for it? It's free — with no limits, no paywalls, and no recurring subscriptions. "The point of Faceb Show less Read more
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