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SOHU.COM INC (SOHU) 54.00 red arrow -$1.20 (-2.17%) 07:19AM (15 mins delay)


 May 27, 2009 - 6:00 AM EDT
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Sohu advances into SNS for new profit points
Sohu advances into SNS for new profit points

BEIJING, May 27, 2009 (Xinhua News Agency) -- China's leading internet media company Sohu. (NASDAQ:SOHU) com (SOHU.NASDAQ) has advanced into the Social Network Site (SNS) market, searching for new profit points, reported qianlong.com.

The company has unlocked its SNS website, bai.sohu.com, for public testing in a vie against other SNSs such as kaixin001.com and xiaonei.com.

Fang Gang, vice president of Sohu, disclosed that domestic SNS caters to different users based on its own superiority, and that it's still uncertain on the name that will lead the market, referring to a recent conflict with kaixin001.com, the most popular SNS in China.

Analysts noted that it will take a long time to commercialize SNSs in China.


Source: Xinhua (May 27, 2009 - 6:00 AM EDT)

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