Match.com Acquires International Dating Sites
By James Quintana Pearce - Tue 27 Feb 2007 04:42 AM PST
Dallas-based online dating site Match.com has changed its strategy of organic growth by acquiring two international dating sites reports AP. Match.com—an operating business of IAC/InterActiveCorp (Nasdaq: IACI)—added more than 4 million subscribers by buying Netclub in France and the eDodo social networking site in China, in deals in which the financial terms were not disclosed. Most of the new subs come from NetClub: EDodo only has about 180,000 subs, but is seen as important because it gives Match.com a foothold into the burgeoning Chinese market.
Posted in: Countries, Asia, China, Social Media
