Sohu CEO Charles Zhang revealed in the media communication, Auto division will not be made vertical

Summary: View the latest quotes August 8 Morning News, in response to the news that Sohu intends to split the car business plan listing news, Sohu CEO Charles Zhang revealed in the media communication, Auto division will not be made vertical, so will not consider the break-up. View the latest quotes

August 8 Morning News, in response to previous news that Sohu intends to split the car business plan listing news, Sohu CEO Charles Zhang revealed in the media communication, Auto division will not be made vertical, so will not consider the break-up.

Earlier this year, the news from the internal Sohu said that Sohu intends to split focus and auto business listed separately. One of the main automotive business because last year auto listing has a revaluation, Sohu hopes to use better window period to push the business independent development.

Although Sohu did not publicly comment on this, but not long ago Sohu to the automotive division of the restructuring. On the one hand, the introduction of new business, with large data and technology coverage of the automotive regional market, on the other hand abolished part of the three or four-line urban city station.

For this adjustment, Zhang said whether the car business or advertising business, are unwilling to make car dealers and service providers, because this is not the core competitiveness of Sohu. "Sohu will rely more on technical means and large data to help users, and the car business integration, rather than vertical, and will not be split." "Charles Zhang said.

Zhang also said that most of the car manufacturers covered three or four-line cities, as a site platform relying on additional local station mode is limited, Sohu wants to rely on data and precision matching technology to complete the segmentation of regional users, and to help manufacturers improve the efficiency of sales. (Lin)