Charles Zhang: I don't believe in mergers.

With Zhang's Sohu again Glow youth. Yesterday, the Sohu board chairman and chief Executive Officer Charles Zhang held a rare media meeting and released the latest earnings of Sohu. The results showed that Sohu's total revenue in the second quarter of this year was record, up 33% to 339 million dollars.

Earnings showed that Sohu's online advertising revenue for the second quarter of 2013 was $146 million, up 49% from the same period in 2012, and 26% per cent in the previous quarter. For the first time, brand advertising revenue topped 100 million dollars, up 45% from the same period in 2012, and 25% per cent in the previous quarter. And for the big increase in brand advertising, Sohu Co President and chief operating officer Wang that this is "online video won advertisers more budget allocation." ”

The tour is still a guarantee of revenues and profits, with earnings of 168 million U.S. dollars in the online gaming business, up 24% from the same period in 2012, and 1% per cent in the previous quarter. In addition, Sogou business also create the best results in history. In the industry, the recent "mergers and acquisitions" Rumors of the Sogou will be valued again.

Reporter: Recent industry mergers and acquisitions, such as the acquisition of PPS, such as Baidu, Sohu will develop mergers and acquisitions strategy?

Charles Zhang: I don't believe in mergers. Perhaps because Sohu's current stock price is very low, which makes the merger limited, we are cautious of mergers and acquisitions. In fact, the choice of mergers and acquisitions because the competition is too intense to lead to your endogenous growth in a period of time is not enough, if you have more time, relying on endogenous strong competitiveness, then you do not have to buy.

Reporter: Facing Tencent's micro-letter, Sohu's mobile internet portal is what?

Charles Zhang: Micro-letters are socially monopolistic and we are in the information perspective. You can see that on the PC Sogou to obtain a certain entrance to the main browser, based on Sogou Pinyin is very extensive use of the volume.

Reporter: Sohu will sell Sogou?

Charles Zhang: Sogou should not discard the problem, now I can not talk.

Reporter: Why the post of CEO of Sohu Video agent?

Charles Zhang: The internet to do today, the contention is mainly concentrated in two places, one is the entrance, one is video. Sohu Video before more like Sogou and swim, I do not care, but now the competition is very intense, I need to personally intervene, mobilize the strength of strength. Although the current group lose money is the most ruthless or video, but we expect Sogou and Sohu Video can become a profit point, now Sohu is in a new transition stage. I deputy Sohu Video CEO How long time unsure, the future candidate is also undecided.

Journalist: Do you now think that Wall Street understands the Chinese internet and Sohu?

Charles Zhang: Now it is more than before, but the mode of Sohu in the United States also does not appear, they do not understand how we can make every area is good, but each area did not do the first. Sohu's business is now more than twice times the size of Sina, but because they do not know the model or not very confident, so our stock price is not very high.

Morning News reporter MS

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Sogou second quarter revenue 50 million dollars

Search revenue ranked second in the industry

Morning News July 29, Sogou company released the second quarter of this year's earnings. The results showed that Sogou achieved revenue of 50 million U.S. dollars, up 64% from the same period last year, up 27% from the previous quarter. That performance was close to half the annual revenue of 2012. So far, Sogou achieved 12 consecutive quarter 23.8% of the compound growth rate, is the fastest growth rate of internet companies.

Sogou CEO Wang Xiaoquan said that the current Sogou overall revenue growth is robust, wireless business strategy layout has been basically completed, the core product users grow fast, the company's business pull effect significantly enhanced, the second half will be a full-scale outbreak.

Earnings data show that as the company's business base and the main source of structural revenue, Sogou PC users continue to stabilize the industry third. CNZZ data show that June 24 Sogou search market share reached 10.5%, up 47% from the same period last year, compared with 2013 in the first quarter, the growth rate reached 26%, and showed a sustained growth trend. The search business created the revenue after Baidu is in the industry second.

In the wireless field, Sogou in the information input, call management, geographical life information services, voice search and other major entry-level areas, relying on technology innovation driven and cloud service model, a variety of products are the industry's first or already in the lead position.

Data show that as of July, Sogou mobile phone input Month active user number of breakthrough 150 million, continue to stabilize the mobile input software first. In addition, Sogou mobile phone map launched the total number of road navigation users have exceeded 50 million.

On the other hand, Sogou number pass successively with Shun Fung Express, Century Jiayuan, Sina Weibo and other enterprises to achieve strategic cooperation, through the "Telephone identification" service and social products such as water testing innovative services, rediscover the "phone number" in the mobile Internet entry value, further open the number of commercial value space.

Industry analysts believe that, in the "BAT" (Alibaba, Tencent, Baidu) and other giants to accelerate the integration of the industry background, Sogou adhere to technology-driven and model innovation, in the long term it will become the wireless Internet entry-level products, one of the most competitive internet companies.