| Hong Kong, November 17,
1999--Speaking at the Hong Kong General Chamber of Commerce luncheon
today on "the Internet in China - A Battle to Dominate Begins", Dr. Charles
Zhang, CEO and Founder of the company said the strong pageview record of
SOHU.com has made it the most efficient Chinese Internet company. "on a
dollar-to-dollar basis, what we've achieved to date clearly justifies what we
spent. In an industry which is growing so dramatically that almost all site
operators are eager for funds, we've achieved the results that every IT investor
is looking for," he added.
Charles Zhang attributes SOHU's success and competitive edge to its clear
vision and China focus. "China is where our roots are and nobody knows it better
than we do. We have a perfect balance that blends local expertise and Western
management styles with strong marketing and technological support, which enables
us to come up with ideas that appeal exactly to Chinese Web surfers", he
explained.
According to Charles Zhang, SOHU has become a cultural phenomenon in urban
living in China, with a huge brand awareness among the population. It pioneered
the Internet market in China and its mission remains the same - to build SOHU
into an indispensable part of the daily life of every Chinese person. "We were
lucky to be the first to directly define the Chinese Web in the SOHU way, which
gave us the luxury of being the educator and the concept leader. More
importantly, we have the access to reinforce Internet users' habits by providing
them with the best on-line experience. SOHU is not just a Web site, it is a
brand that has revolutionised the Chinese people's way of living," Charles Zhang
concluded.
During his current visit to Hong Kong, Dr. Zhang also spoke for over two
hours to an audience of over 200 at the Hong Kong University of Science and
Technology, sharing his entrepreneurial experience and views on the future of
the Internet in China.
About SOHU.com:
SOHU.com (www.sohu.com), the leading internet portal in
China with a current (February, 2000) page view posting of 10million per day, is
the first major Chinese language web destination on the Internet. SOHU.com has
pioneered many firsts, including the introduction of banner advertising and the
setting of standard for Web traffic assessment in China. "SOHU.com is the top
brand in the Chinese Internet and NOKIA is the top brand in wireless
communications. We are proud to be a partner of NOKIA in this important
project", said Dr. Charles Zhang, President and CEO of
SOHU.com. |
