Mr. Cai says Google has not reached a consensus with the 265 takeover talks

On the afternoon of May 14, there was another spread of Google (Google) will buy the site navigation website 265 News, the new version of the news that with the delivery of business, 265 may be cut some employees. In the afternoon, 265 president Mr. Cai to Sina Technology explicitly denied this rumor, but he revealed that 265 did talk to Google, and ultimately failed to reach an agreement.
According to one industry personage who declined to be named, Google may enter 265 in the form of capital injections rather than wholly-owned acquisitions, while Mr. Cai will focus on the platform on which the Web site is built. Mr. Cai has so far only admitted that 265 and Google have indeed negotiated capital co-operation, but ultimately failed to reach an agreement, so this statement can not be confirmed.
Google, which sought to enter the Chinese market at the end of 2005, had invested 265, though it had not been publicly announced, but since then there has been speculation that Google will buy 265. In February 2007, Mr. Cai denied that Google had bought 265 of rumors and said 265 would be listed on the Web Site Alliance concept.
March 2007, Google has low-key launch with 265 similar "Google Navigation" services.