It does, but literally nobody is using this, since its easier to make team beforehand and enter or even start and complete ti solo. Since nobody uses it, you will never find a match. Create a team, post a link to it on world chat and people will join in no time.

I remembered back in 1.0 when u started off alone and this *on was how u made friends to these days. XD

Yes it does work, but people would just ask in world chat anyway.