BUSINESS WEEK - May 23 - Billionaire Barry Diller’s IAC/InterActiveCorp, the owner of Match.com and other 50 businesses, delivered the best returns of any Internet media company worldwide, trumping Google and Baidu. One of IAC’s steadily expanding businesses is online dating. CEO Greg Blatt sees the U.S. as the biggest growth opportunity, while building abroad for longer-term returns as more consumers get online and have the means to make Internet payments. Match.com Q1 revenue rose by 56% and subscribers by 47%.
by Beth Jinks
The full article was originally published at Business Week, but is no longer available.