HC CEO Guo: Internet business is expected to be profitable next year

"Sohu It News" November 19, Hui Cong Network CEO Guo in an interview with Sohu it said that after 5 years of development, HC network of huge investment in the Internet business is expected to make a profit next year, and HC also expect to return to the Internet center. Guo frankly: "Hui Cong Network missed the good development opportunity of the Internet, this also makes HC net once marginalized." Since 2006, HC Network invested heavily in the Internet business, after 5 years of losses, is expected to achieve profitability next year. "When it comes to Alibaba, a formidable competitor, Guo said," HC will compete with the deep excavation of the dominant industry and market segments. "Alibaba is very strong, he as a big platform, similar to a supermarket, but in fact, the business-to-business market requires both supermarkets and more in-depth, professional stores." For Yu Huicong, domestic trade is our advantage, and domestic trade industry is our big advantage. In terms of consumer goods, HC also hopes to achieve greater market share through the deep digging of industry segments. "Guo said. In the past decade, the listing of Alibaba, HC and other companies marked the rise of business-to-business models. Talking about the future of business-to-business markets, Guo said: "I think the business-to-business market will have three trends in the future and who will be the winner if they hold the trend." First, business-to-business business is free of charge. Second, the specialization of business-to-business information services. Third, the large-scale online transactions of business-to-business enterprises. "In 2008, Huaricong CEO Guofanseng Gairen Board chairman, retired to" second line ", by his nephew Guo as CEO. In July, HC announced that Guofanseng to Guo to transfer its holdings of 24.64 million shares, accounting for 5% of the company's total issued share capital. At present, Guo Holding HC net 9.44% of the shares, is the HC network of the second generation of the helm. (Linfonglei)