Some existing dating apps welcomed the tech giant вЂ” at least officially after Facebook announced its entry into the dating industry. Bumble stated it ended up being вЂњthrilledвЂќ and might вЂњexplore methods to collaborate.вЂќ Joey Levin, leader at Match GroupвЂ™s moms and dad business IAC, stated, вЂњThe waterвЂ™s warm.вЂќ
Ends up, it could be a touch too hot. FacebookвЂ™s entry into any space вЂ” simply ask Snapchat вЂ” can spell doom for the people currently on the market. With 2.2 billion individuals utilizing FacebookвЂ™s primary solution on a monthly basis, launching a dating component stirs the question of just how smaller apps, as well as Tinder using its 50 million users, may survive.