Sohu Group has been in the forefront

Source: Internet
Author: User
Keywords Charles Zhang Sogou
Tags business continue daily economic news economic group group chairman internet + internet industry

Qihoo 360 to purchase the rumors of Sogou, so that Sohu group has been in the forefront.

Sohu Group Chairman of the board, CEO Charles Zhang, said in an interview with the Daily economic news reporter, "Sogou's pieces should not be discarded, now I can not talk about." He said that Sogou is Sohu in the PC and mobile end of the important entrance, although in the market by competitors, or to continue to develop ahead. In his view, Sogou has gained a monopoly on the PC, and its share of the mobile end has grown very rapidly.

Sohu reported the second quarter of this year, its sogou revenue 50 million U.S. dollars, the year-on-year increase of 64%, the chain increase of 27%. Earnings forecasts, Sogou three quarterly revenue will be 54 million to 56 million U.S. dollars, the same as the chain growth of 8% to 12%, year-on-year growth of 45% to 50%.

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.

In addition, Zhang is trying to make Sohu news client into a portal, he said, Sohu group content and channels will be mutually relied on, but now still in the attempt.

In Zhang's opinion, the competition in the Internet industry is now focused on entrances and videos. "Video is too important to mobilize the strength of the company to fight this battle." "In the previous, Sohu Video management team to adjust, Zhang Chaoyang personally as CEO of Sohu Video, Sohu Editor-in-Chief Chun will be responsible for Sohu video content, the original Sohu Video CEO Deng Ye to Sohu Video coo.

According to Charles Zhang, video is the current Internet industry competition, one of the main battlefield, "Sohu video before more like Sogou and swim, I will ignore, but now the competition is very intense, I personally asked, we are now to mobilize the strength of strength." Zhang said to the daily economic news reporter.

Can not be overlooked is that, although the video business has become the focus of Zhang's business, but the embarrassment is to lose money to the most ruthless or video. Yesterday, Sohu announced the second quarter of 2013 without audit financial reports, in addition to the traditional advertising business, Sohu's main "cash cow" is still the game business, Sogou business is still in the investment period, and the most attention to the video is still facing huge losses.

"We really did not find or missed the like Tencent Q-coins or Baidu that extremely lucrative search model, a considerable period of time to swim really to the Sohu group to provide a profit momentum." Charles Zhang said to reporters.

However, Charles Zhang believes that this is only a beginning, now Sohu is in a new stage of transition, Sogou and Sohu video is expected to become a new profit point.

And for the growing number of mergers and acquisitions in the industry, there are even rumors that Sohu video or will buy PPLive, Charles Zhang said frankly, the current Sohu's attitude towards mergers and acquisitions is still more cautious, "first Sohu because the stock price is low, in the acquisition of the need to pay more cash, limited by more; second, the result of the merger is good and bad, If the combination of the two sides is unfavourable, it will also bring about negative effects.

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