In 2018, social networking giant Facebook established a unique relationship service—potentially leveraging its 2.2 billion active users—to join the web dating market.
Even though the statement initially caused Match Group’s stock to drop 21%, it since has rebounded as Facebook is sluggish to roll their service out.
Moving forward, Match Group’s dominance can be hindered by anti-trust phone telephone telephone calls into the U.S., Bumble’s development and competition that is direct Tinder, and whether or not the sleeping giant Facebook can alter the global internet dating market along with its own solution.
That will win our hearts?
Hat tip to Nathan Yau at moving information, whom introduced us towards the information on what couples meet.