Zhang Chaoyang, Wang Jianjun, Ouyang Lin celebrates the acquisition
On April 12, 2005, Sohu announced that the company has reached a final agreement, and will acquire GO2MAP and its affiliates Beijing map Tianxia Information Consulting Co., Ltd., which collects GO2MAP, the company is China's leading map service solutions One of orders.
The acquisition will enable Sohu to apply GO2MAP to search engine products that are based on online map services in Sohu's search engine products and other online content.
Go2map (http://www.go2map.com) is one of China's leading online map service solution providers. Its web map information platform can be convenient to provide online map services for a variety of end users such as Internet / LAN, mobile terminal, call center, and handheld (PDA). GO2MAP's database existing POI data (information collection points) on more than 200 city maps in the country, enabling them to make multiple commercial applications, such as sales of relevant service software, and sales of map information resources. GO2MAP also offers free online map inventory in 14 cities.
Zhang Chairman, Chairman and CEO of Sohu Company, said: "Through this merger, we expect to quickly establish the market position in the map service solution in China, and netizens are more and more dependent on Internet technology. The various destinations in the city, such as government agencies, restaurants, hotels, bus routes, etc. We believe that this acquisition will also strengthen our integrated competitive strength as a portal and search engine company, because we can be in content and search products. Integrate into different regional abundance information. "
Sohu will pay $ 9.3 million in cash for acquisition of GO2MAP, where $ 400,000 has been paid when signing the equity purchase agreement, and the remaining $ 8.9 million will pay at the acquisition. In addition, there is a amount of no more than $ 2.5 million, which will pay for the satisfaction of GO2MAP operation and financial performance during the purchase of the acquisition.
Sohu company is responsible for searching for business, gaming business and technical vice president Wang Jianjun said: "The acquisition will benefit our search engine Sogou users and advertisers. With GO2MAP, we can provide users with local local local Search, and our SME customers will see their online promotion results more effective due to localized search functions. "(Sohu)
Internet portal game returns to Zhang Chaoyang: Sohu also continues to acquire
Recently, the outside world is getting bigger and bigger, and some netizens began to worry that their products will be affected. Yesterday (April 14), the Chairman of Sohu Board Zhang Chaoyang was clearly clarified, saying that Sohu gave up the gateway without the fact. Coincidentally, the old portal Zhonghuanet has also begun to create content with heavy gold.
Zhang Chaoyang said in the "Down World" company, "Due to the stock price of $ 17, Sohu has recently sang faded in the outside world, but many netizens also found a lot of people around Sohu's various products. This is contradiction. Since 2000, Sohu has been acquired 5 acquisitions. Some can have benefits in the short term. Some are the establishment of a future competitiveness. The Internet has developed to the stage of netizens to pursue powerful features. "Zhang Chaoyang revealed that Sohu also continued to acquire, Sohu But it is also necessary to continue to maintain a lot of brands being acquired. However, let netizens have a feeling of being in a nunct manner when using these products.
With Sohu insisted on the development of the portal, the China.com also issued a signal to the outside world with an unusual movement, and he does not hesitate to build a content, and the big Zhangqi drums into sports, the automotive industry. Currently, we are buying horses in large-scale recruitment. Wang Xiaohui, president of the site, said that it will be comprehensive in the original basis. The contents of the content on the content have also indicated that China.com is not willing to be excluded from the portal. (Beijing Entertainment Letter)
Sohu Dye Geography Consultation Sword 3G
GO2MAP in the 3G era will get a lot of cash revenue
On the afternoon of the 13th, Sohu President Zhang Chaoyang took part of the media in Beijing on the Sohu acquired Go2map (the map Tianxia.com), while meeting the management personnel of GO2Map as reporters. Previously, Sohu has just announced the acquisition of this China's largest online map service provider with approximately 100 million yuan, and the GO2MAP service covers about 200 cities in China. Zhang Chaoyang told reporters: "I hope this acquisition can strengthen Sohu as a comprehensive competitive strength of the portal and search engine company." In Zhang Chaoyang, the purpose of Sohu acquisition is to strengthen its search business, but according to its unwilling to reveal the name. Competitors seem to, the bigger meaning of Go2map should be in China's upcoming 3G business. At that time, users can instantly get geographic information services (catering, beauty, entertainment, moving companies, police stations, etc.) as mobile phones, and Sohu receives fees. If this market has expanded, it will provide huge cash flow income to Sohu, and Sohu delighted this point before the media, apparently existence. It is reported that Sohu has been working on the establishment of its so-called "portal matrix", from 2000, the Chinaren website started, Sohu has acquired 17173.com, focusing real estate network, Goodfeel and other smaller websites, huge. The purchase of GO2MAP was considered to be the first acquisition in the domestic geographic consultation industry by some peers. Geography consultation system, referred to as GIS. According to the 2005 published in Beijing IT Industrial Development Report, with the further acceleration of "Digital Beijing", GIS has become one of the main contributions to the development of the Beijing software industry. GO2MAP is considered to be the earliest pioneer in the field of domestic map consultation, living in the domestic GIS industry.
Sohu is based on commercial confidentiality to disclose GO2MAP before the acquisition of GO2MAP, but the current general manager Ouyanglin, the current general manager of GO2MAP revealed the two main profit models of the company: First, the map engine rental. The rental party (such as Beijing Bus Network) is required to pay a certain map search engine fee; the other is the internal network service intranet for the sale industry. At present, GO2MAP has launched a cooperation with more than 10 industries such as energy and transportation. In the future, GO2MAP's profit model will combine with Sohu's search engine Sogou and provide more new service modes. (Branch)
