BEIJING, CHINA, October 13, 2000
- Chinese Internet portal SOHU.com has been listed among the 300 Best Small
Companies for 2001 in the world renowned business publication Forbes Magazine.
In its international edition FORBES GLOBAL, which hit the news stands in Asia
this week, SOHU.com was selected, along with five other Mainland Chinese
companies, to join the exclusive ranks of the 300 best publicly listed companies
with a market capitalization of US$500 million or less.
For the second year in a row, FORBES GLOBAL has published a list of the
top-300 small companies in the global economy. Forbes based its selection on the
expert opinions of money managers, securities analysts and entrepreneurs around
the world. Using strict selection criteria, companies had to have a sound
financial history or be expected to emerge as important, profitable players in
the next year or two.
"These small companies hold out the promise of becoming very large companies.
We can't predict how stock markets will value them next month or next year. We
can say this: Dynamism is all about growth and profits; in our opinion these 300
are among the best the world has to offer", FORBES GLOBAL writes in its October
30th edition.
On October 10, SOHU.com ranked first in the largest independent annual media
survey in China, conducted by Sinomonitor International. The results of the
China Media and Marketing Survey (CMMS) indicated that half of China's booming
Internet community chose SOHU.com as the most preferred first stop portal
destination. SOHU.com ranked first in the overall list of most frequently
visited sites and scored the Number One position in all sub-rankings by age and
gender, reaffirming SOHU.com's position as the leading Internet brand in
China.
Sinomonitor International is the pre-eminent market monitoring company in
China providing research analysis for leading multinational corporations. The
CMMS was launched in 1997 in cooperation with the China Economic Monitoring and
Analysis Center, affiliated with the State Statistical Bureau, the official
government agency for statistical research.
"It's been an Olympic week for SOHU.com. Topping the ranks in the Sinomonitor
survey, a standard bearer for the media marketing industry, and getting an award
from the influential and respected Forbes magazine is like receiving gold medals
at the Olympics. It's extremely gratifying to know that internationally
recognized authorities reward all of the hard work we have put into building the
No.1 Internet company in China", said Dr. Charles Zhang, president and CEO of
SOHU.com.
About SOHU.com SOHU.com is the leading Internet portal in
Mainland China with current daily page views exceeding 12 million. It provides
navigation/search, news, sports, business and finance, real estate channel,
entertainment, chat, email and e-commerce activities for a solid and wide base
of visitors. Dr. Charles Zhang founded SOHU.com in 1997. Its investors include
Intel, Dow Jones, IDG, the Morningside China Group, PCCW, Legend and Hikari. Its
content partners include CNET, DOW Jones and dozens of local media organizations
in China.
For further information: Dahlia Wei SOHU Investor
Relations and Communications Tel: +86 10 6272 6598 E-mail:
ir@sohu-inc.com
http://www.sohu.com/about/English/ |