Beijing, December 29, 2000 -
Today, the highest state news regulatory agency in China has officially granted
leading Internet portal SOHU.com a special license to aggregate and distribute
news on its web site. The State Council News Office extended this license to
only two commercial web site operators in China.
"This is the first time the Central Government has given us such an important
formal stamp of approval. It is a historic breakthrough for the Internet
industry in China. SOHU.com has pioneered the Internet in China and built up the
leading commercial Internet brand in the country during the past five years. We
now have the official blessing from the highest government level to continue to
offer the informative and entertaining news that millions of Chinese Netizens
are used to enjoying at SOHU.com", said Charles Zhang, CEO and President 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/ |