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Latest Press ReleasesJune 18 2008 Bone Fish Ltd launches the world's first ever BLACK white label dating network May 15 2008 Bone Fish Ltd re-brands its corporate identity and divulges its plans for the coming year March 20 2008 September 28 2007 Plentymorefish.com goes global on it's 1st birthday May 1 2007 Lavalife celebrates 20th anniversary February 27 2007 Match.com Acquires Leading Online Dating and Relationship Companies in France and China November 09 2006 Cross-selling within the Dating, Adult Dating Arena August 09 2006 The survivors guide to creating a SUCCESSFUL Dating site July 10 2006 Plentyoffish.com to Attempt Speed Dating World Record, 3,000+ Attendees Expected January 27 2006 Breaking the Technology Barrier Leads to an Online Dating Revolution December 31 2005 Turnkey Solution providers World Dating Partners Re-launch after massive investment July 26 2005 Online Dating Leader Various Inc. Acquires Spring Street Networks
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Match.com Acquires Leading Online Dating and Relationship Companies in France and ChinaFebruary 27, 2007 Match.com Continues Global Expansion in 2007 DALLAS, February 27, 2007- Match.com, an operating business of IAC (Nasdaq: IACI) announced today the successful completion of its acquisition of eDodo in China and Netclub in France. These two acquisitions are consistent with the continued aggressive global expansion plans for Match.com in 2007. Match.com is coming off a record year, with revenue of $311.2 million, a 25% increase from 2005. An increase in international paid subscribers and continued development of global markets contributed greatly to the Company's success in 2006, with the most notable development in the United Kingdom and Scandinavia. Match.com currently operates more than 35 local country sites in 15 languages, and the company's reach spans six continents. "Match.com is a global company but our focus is on leadership through local relevance," said Jim Safka, CEO of Match.com. "We don't operate the American version of the Match.com site in various markets; rather we invest time and resources in the local knowledge and local companies to create a successful experience for people in countries around the world then connect them to our worldwide database." In 2006, Match.com launched a new site experience and brand campaign in France. Since the launch, the campaign has driven daily Match.com subscriptions up by 66%. With the acquisition of Netclub, the third-largest French online dating site, Match.com once again makes clear its intention to be the undisputed leader in European online dating sites. According to JupiterResearch, European online dating sites continue to attract new users and in 2007 the category is expected to grow 30%. The eDodo acquisition in China moves Match.com into an emerging online personals market with unparalleled opportunity for growth. There are more than 64 million online singles in China, and the iResearch.com market forecast projects that the online dating category will nearly double in 2007. With eDodo, Match.com has acquired one of the fastest growing social networking sites in China. eDodo has more than 180,000 paid members and nearly 3,000 new paid subscribers each day. "We recognize there is enormous room for growth in our international markets, and for Match.com it is the perfect time to seek out the companies that will further the Match.com mission of creating couples all over the world," said Safka. "These two acquisitions in France and China are just the beginning of finding these world-class companies and accelerating their growth with our Match.com resources." About Edodo About Netclub About Match.com Source: http://www.iac.com/index/news/press_release/press_release_detail.htm?id=8238 Comments Send your comment
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