Sohu Three quarterly total income record

Absrtact: It turns out that the domestic online search market can adapt to the potential slowdown in the overall economic development environment. Sohu's chairman and CEO Charles Zhang said in an interview yesterday that Sohu's total revenue in the three quarter record, to 233 million U.S. dollars, compared with the same period in 2010

"It turns out that the domestic online search market can adapt to the potential slowdown in overall economic growth." "Sohu Board Chairman and CEO Charles Zhang said yesterday in an interview, Sohu Three quarterly gross income record, to 233 million U.S. dollars, compared with the 2010 increase of 42%, which Sogou revenue for the first time to break 100 million yuan to achieve quarterly profit, become the second to realize the profit of the search engine.

Earnings show, Sohu's independent operation of Sogou company to achieve revenue of 18.4 million U.S. dollars, compared with the same period last year, not only the first breakthrough 100 million Yuan Mark, but also from the continued loss to a slight profit of 320,000 U.S. dollars, after Baidu, after the 2nd profitable Chinese search engine company.

Since Google announced the withdrawal of China, including Sohu Sogou, Tencent Search and Youdao NetEase, the domestic search engine market share of contention on the undeclared. At present, Sogou in this regard temporarily lead, not only the market share in the first time on September 30 over Google China, become China's second-ranked search engine, and the first to show profitability.

"Strong growth proof" input Method-browser-search ' three-stage rocket model has been recognized by the market, and Sogou's web search has also made a real breakthrough, quality has been superior to the main competitors. "As this is the first profit since the establishment of the Sogou since 2003, yesterday in the interview Sohu CTO, Sogou CEO Wang Xiaoquan release Hao Yan, Sogou and" killer "waiting to be launched.

In addition, in the context of the continued low Chinese concept stocks, Sohu in September 2011 repo about 42.3 million U.S. dollars Sohu and swimming shares. "Repurchase means that the management has confidence in the company, the future business growth is still relatively good, and now stocks are not very reflective of future growth, so it is a good time to buy back," Zhang said. ”

Charles Zhang: We make Weibo a pure 2.0 media

Reporter: Before you proposed to rebuild Sohu, now how do you feel about the progress?

Zhang Chaoyang: The process of rebuilding Sohu lasted a year, has already started on the road, a few good news, a Sogou profit, Sogou formed scale, there are video over potatoes. And now the company's big staff is very capable, my status is relatively small.

Reporter: There are rumors that Sina is running the commercialization of micro-blogging, Sohu How to consider this problem?

Zhang Chaoyang: Perhaps Sina started because of the pressure, because the scale is bigger, therefore will be concerned about the profit. We are not worried about this, the whole group has formed three pillars, Micro Bo first do not make money does not matter. Weibo or user-scale competition period, has not been to the scale of profit, especially for Sohu.

Reporter: After the revision of Sina Weibo, the trend toward Facebook social network is becoming more and more obvious, does Sohu have similar behavior?

Charles Zhang: In the end is the media direction or the social network direction? We will make micro-blog Pure 2.0 media, as for social products, this in the "My Sohu" has been achieved.