The Wall Street Journal reports that IAC/InterActiveCorp. is planning to enter China with $100 million earmarked for Internet businesses. A new company is expected to launch within a year and would cover media and advertising. IAC is also planning to bring Ask.com to China. Prior to this announcement, IAC has already invested $200 million in China, the report said.
Originally posted on November 25, 2007 @ 10:18 am