Tinder parent Match’s shares dropped 22% on Tuesday marking the worst single-day drop in its history after Facebook announced a new feature called ‘Dating’, according to Bloomberg. Match owner IAC’s shares also fell 19%, the most since 2001. Facebook said the feature will be available within the app and will only recommend people who are not in the Friends list.
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02:37 pm on 02 May
Source: Inshorts
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