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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.

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Bumble and Match Group have been engaged in a very public legal battle in recent weeks. Their product could be great for US/Russia relationships," read a statement from IAC CEO Joey Levin.

The tone of the statements issued by Match Group and its majority owner were noticeably different from Bumble's. In a separate statement, Match Group CEO Mandy Ginsberg said the company is "flattered that Facebook is coming into our space - and sees the global opportunity that we do - as Tinder continues to skyrocket." "We're surprised at the timing given the amount of personal and sensitive data that comes with this territory," Ginsberg's statement read.

On Facebook's dating service, people will be able to browse events and groups related to their interests, such as upcoming concerts or groups for runners.

If a user sees an event they'd like to attend, they will be able to "unlock" that event to interact with others attending it.

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.