BLOOMBERG – Sep 5 – Match Group shares fell ~7% in Thursday trading after Facebook announced it would be expanding its dating service into the U.S. Facebook's dating feature was first unveiled in 2018 and prior to its U.S. launch it has previously been tested in 19 other countries. Despite Match's share-price drop, Bloomberg Intelligence wrote that there was "limited risk" for the company from Facebook.
by Ryan Vlastelica
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