Dating and friendship service
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The reaction to Facebook’s dating app was immediate.
Shares of Match Group, the company that runs Tinder and other popular dating apps such as OKCupid, plummeted more than 22 percent — the largest one-day drop in its history — after Mr. Shares of Match Group’s owner, Inter Active Corp, or IAC, dropped by almost 18 percent. Zuckerberg painted the new dating service as a natural extension of Facebook, saying that he is frequently approached by couples on the street who say they first met on the social network.“If we’re focused on helping people build meaningful relationships, this is perhaps the most meaningful of all,” he said.
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More than 200 million people on Facebook identify themselves as single, he said, and the new service will let these people connect with each other from within the company’s primary app.“This is for building real long-term relationships, not just hookups,” Mr.
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