IAC Buys 20% Stake In Chinese Dating Service Zhenai

It looks like IAC is serious about moving into the Chinese online dating market. Reuters is reporting that they have bought a 20 percent share in Zhenai.com, one of the leading dating and matchmaking services in China. Zhenai has been in operation for 6 years now and also provides their members access to matchmakers over the phone.

For more information on IAC's leading dating service you can read our Match.com review.