CNET China President Wang: This year's takeover focused on women's Auto field

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March 17 News, CNET International vice president, China's president Wang last night when the Sina technology phone line revealed that CNET China's acquisition target this year will focus on women, cars two vertical web sites.

It is reported that CNET China recently submitted a report to the United States headquarters, which has a list of interested sites, including a number of vertical sites, mainly in the automotive, women, including an IT site, but did not mention the photographic community of the shade Mowgli's name.

Recently, the color of the shadow of the insider to disclose information, said the site had been acquired by CNET's parent company CBS and would soon be relocated to Shanghai because the management team, which had failed to find the ideal business model under the impact of the financial crisis, had given up its plan to continue the solo struggle.

"I didn't hear anything about this, but we recently submitted it to our headquarters, a list of cars, women and it websites, but there were no shades on the list," he said. Wang Road indirectly denied will buy color shadow Mowgli's rumors.

It is reported that the CBS acquisition in China through CNET China, will not bypass Wang Road this pass. At the same time, CNET China has its own photographic community Hummingbird Network, the site and the color shadow Mowgli positioning has a certain coincidence.

Wang Lu further pointed out that the economic downturn for vertical web sites, is a challenge and opportunity. "Advertisers will be more cautious to spend money on the site to put forward more stringent requirements, we also hope to take advantage of the gap between now and opponents." According to our quarterly report, we have more than 50% growth in our car and women's website business, although it is less than 10% of the growth, the pressure is greater, this is mainly with Intel, IBM, Microsoft and other reduced advertising costs have a certain factor, But we have also heard positive news that calls for an increase in internet access from some of the company's headquarters in the United Kingdom. "Wang said.

According to reports, CNET China will be in the financial crisis in a number of acquisitions, currently locked 5, 6 sites, mainly in women, the automotive sector, as well as an IT site, and these sites are mainly rooted in regional cities, are vertical category of sites. The list of acquisitions has been reported to U.S. headquarters, awaiting headquarters instructions.

In Wang's view, the vertical web site in the financial crisis only 2 good way out: be acquired or participate in the Web site Alliance.