Facebook is shutting down its live shopping feature on October 1 to focus on Reels, the company announced in a blog post.
And it is no wonder, when you consider the size of the company, its technical capabilities, and most importantly the large volume of data that Facebook has collected about its users. After all, research shows that Facebook knows us better than our mums, so why wouldn’t it live up to its goal of creating “meaningful relationships”?
But four years later, it hasn’t taken over the market – most people have simply forgotten about it. Numerous reports claim the dating app practically doesn’t function. Facebook’s own data suggest not many people use the service – about 300,000 in New York, compare with the claimed 3 million Bumble users in New York.
As an online dating technology researcher, I had an eye on Facebook Dating since its announcement. But as I never heard anything about its market success, it took me a while to look into it. Now, I think I have a good idea why the app failed.