INVESTORS BUSINESS DAILY - June 5 - In last year's third quarter, Match.com bought a 20% interest in Chinese dating site Zhenai and upped its stake in Europe's No. 1 dating site, Meetic, to 81%. IAC's core personals business, which includes Match.com, Chemistry.com and the People Media unit's targeted dating sites, grew sales 17% to $108.9M, driven by a 12% boost in paid subscribers to 1.8M. IAC's online personals segment is its most profitable business. This month, Match.com will start to roll out the Stir, a service that brings single people together in organized local events. As a part of an ongoing beta test, Match.com has organized 60 Stir events across 10 U.S. markets.
by Marilyn Much
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