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IAC/InterActiveCorp(IACI Quote) announced Friday that it will invest $100 million to expand its presence in the Chinese Internet market.
The company will also plans to launch its Ask.com search engine in China within two years as part of its strategy for the world's most populated nation, CEO Barry Diller said, according to press reports.
Developing Internet offerings tailored to local tastes rather than simply exporting products that have worked in the U.S. will be the key to success Diller said, according to reports. ...
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