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When Facebook announced its plans to enter the dating space last May, panicked investors sent market leader Match Group’s stock tumbling toward its worst drop ever.
A year later, they’re not so worried.
The main competitive risk to Match’s business appears to be fading away. Facebook (ticker: FB) has yet to launch a dating product in the U.S….
In the World of Dating, All-Powerful Facebook Is Now the Underdog
When Facebook announced its plans to enter the dating space last May, panicked investors sent market leader Match Group’s stock tumbling toward its worst drop ever.
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