Facebook Inc is entering the dating game, Chief Executive Mark Zuckerberg said on Tuesday, planning a dating service to matchmake millions of people on the world’s largest online social network and nudge them into spending more time there.
The service, which Facebook had considered offering for over a decade and will launch soon, could help rebuild its popularity among younger consumers and make people visit the site more often, two key challenges for the business.
“There are 200 million people on Facebook that list themselves as single, so clearly there’s something to do here,” Zuckerberg told software developers at Facebook’s annual F8 conference.
Facebook shares rose 1.1 percent to close at $173.86 on the news, which sparked a sell-off of established online dating service providers.
Facebook users have been able to reveal their relationship status on the network since it first went live in February 2004.
Latest Stories
-
Inside Ofei’s scouting strategy to build Ghana’s next generation of stars
13 minutes -
EC properly declared Ebi Bright winner of Tema Central parliamentary election – Edudzi tells court
29 minutes -
Ghana Mineworkers’ Union commends gov’t for issuing mining leases to Heath Goldfields, rejects claims from FGR/Blue Gold
47 minutes -
Cradle Care brings Christmas joy to Korle Bu Children’s Block
1 hour -
GPL 2024/25: Kofi Asmah scores as Medeama beat Karela United
1 hour -
High Court concludes hearings on 4 disputed constituencies, judgment set for Jan. 4
2 hours -
Tema ECG loses cables to fire
2 hours -
Make appropriate orders to enable us complete the collation – EC lawyers to court
3 hours -
Transformational daily publication for Ghanaian CEOs launches in January
3 hours -
Frank Pedro Asare: Eulogising the man Sammy Gyamfi
4 hours -
Ghana’s destiny lies in unity, hard work and humility – Rev Emmanuel Wisdom Ashiaby
4 hours -
Embrace the spirit of obedience – Rev Dr Steven Twene
4 hours -
Emmanuel Praise Choir-Atonsu thrills patrons at 5th Altar of Praise concert
4 hours -
Anloga residents petition police for justice in brutal killing of local eatery owner
5 hours -
“God has a plan for me for better things in the future” – Bawumia says in New Year message
6 hours