TECH CRUNCH - May 23 - Coffee Meets Bagel released a major update today, which ended its use of Twilio for messaging in favor of its own IM. The feature retains its 7-day expiry. CMB has found that users who exchange texts within the first 24 hrs are more likely to exchange phone numbers and were chatting at 2.6x the volume of those who didn’t, so the update gives them more control over this experience. The company has raised $2.8M in funding.
by Jordan Crook
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