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February 28, 2007
Match.com Buys France's Number 3 Dating Site Netclub
Online dating company Match.com announced acquiring what it said is France's number three dating site, Netclub, and eDodo, a quick growing social networking site in China that it hopes to convert to dating. Financial terms weren't disclosed.
Match.com said in announcement yesterday that the addition of eDodo and Netclub (which is nine years old) would add more than 4 million subscribers to its 15 million.
The deals mark a shift in the Dallas-based company's strategy. For years the company — part of Barry Diller's IAC/InterActiveCorp conglomerate — has sought to grow its subscriber base and add premium features without acquisitions. .... EDodo only has about 180,000 paid members, but Safka said the romance-centric site — which features instant messaging, personalized profiles and videos — is adding roughly 3,000 subscribers daily.
Posted on February 28, 2007 05:05 AM | Posted to News And Updates | Permalink
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