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Shares of Match Group -- the parent company of dating platforms like Tinder, and OKCupid -- plunged as much as 22% on Tuesday afternoon following the news.
The two profiles won’t interact, meaning your Facebook friends won’t be able to see what your Dating profile says.
Instead, they can input a phone number to register and login.
A spokesperson for Bumble said the company was "thrilled" when it saw the Facebook news.
Related: Tinder to introduce feature for women to message first The degree to which dating apps are reliant on Facebook access came into the spotlight just last month.
Shortly after Facebook announced stricter rules for its third-party developers, Tinder stopped working for some of its users who were temporarily unable use their Facebook credentials to log into their Tinder accounts.
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From there, their dating profile will be shared with other people going to the event who are also using the dating service.