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Sina Corporation on December 22 announced an agreement with Focus Media (FMCN.NASDAQ) on merging the outdoor digital ad business of the latter, which would further expand Sina's business and help enhance its bargain power against customers.
"In the long term, it will not exert pressure on Sohu," said Zhang Chaoyang, citing two absolute superiorities of the company.
One is that Sohu boasts sound cash flow. The successful operation of online game business has attracted adequate funds to invest in technical products, said Zhang.
"The other is rich client resources," added Zhang, "Sohu has launched Sogou Pinyin input method and Sogou browser, we are confident that Sogou products could do something in 2009."
As for the integration between Sina and Focus Media, Zhang showed concerns on the outlook of media business and competitiveness of the company after integration.
Besides, the CEO pledged that Sohu would focus on internet business and be a pure internet company. Enditem
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