CNBC - May 10 - IAC CEO Joey Levin penned a letter assuring shareholders the Match Group parent company was well-positioned to compete with Facebook in the dating space. "We respect the power of Facebook's network – as consumers and partners we have been great beneficiaries of their mission to connect the world," Levin wrote in the note. "However, on the long list of things we worry about in our dating business, Facebook launching a dating app doesn't top the list. We have a 23-year head start and several months advanced warning, and we're going to take advantage of all of it."
by Chloe Aiello
See full article at CNBC
See all posts on Match Group
See all posts on Facebook Dating
Summarized by the IDEA team
