Diller's online conglomerate expanding

**MIG-31** · Nov 23, 2007, 01:33 PM

Source: Yahoo
_____________
BEIJING - Media mogul Barry Diller said Friday his Internet conglomerate, IAC/InterActiveCorp, will invest $100 million to expand in China by creating services designed for local users.

IAC also will launch its Ask.com Search Engine - Better Web Search search engine in China within two years, Diller told reporters in a meeting over breakfast.

IAC is looking for opportunities to develop or buy businesses geared to Chinese users, Diller said. He said it wants to avoid the fate of Internet outfits that have struggled in China with offerings developed for the United States and other foreign markets.

Nov 23, 2007, 01:33 PM	#1
MIG-31 DH News MOD Join Date: Dec 2002 Location: Nottingham,UK Posts: 42,584 Rep Power: 186 System Specs	Diller's online conglomerate expanding Source: Yahoo _____________ BEIJING - Media mogul Barry Diller said Friday his Internet conglomerate, IAC/InterActiveCorp, will invest $100 million to expand in China by creating services designed for local users. IAC also will launch its Ask.com Search Engine - Better Web Search search engine in China within two years, Diller told reporters in a meeting over breakfast. IAC is looking for opportunities to develop or buy businesses geared to Chinese users, Diller said. He said it wants to avoid the fate of Internet outfits that have struggled in China with offerings developed for the United States and other foreign markets. __________________ Please Post Your News Submissions Here How you can help DriverHeaven by using Digg!