Thursday, October 27, 2011

Notable News on BIDU, DANG, SINA, SOHU, CYOU (Oct 27, 2011)

Baidu.com, Inc. (NASDAQ:BIDU) responds to the de-indexing rumor surrounding it
for years, Chongqing Chen Bao reports. Zhan Wang, Vice President of Baidu, told
reporters that Baidu had never de-indexing a website because of the website not
paying Baidu. Mr. Wang also denied the claim that any website can rank No.1 in
Baidus paid ads links as long as it is willing to pay a high price. He said that
the ranking is determined by two factors, the bidding price and the quality
score. In addition, Baidu has launched the Android Beta3 version of its mobile
browser. This new version features Chinese voice search, which enables users to
speak and search without typing on handset keyboards. E Commerce China Dangdang
Inc (NYSE:DANG) defends its product information. The e-commerce website has
blocked the spider of Etao.com, a price-comparison search engine owned by
Alibaba Group. According to renowned IT expert Bo Hong, Etao.coms strategy to
become a universal gateway to online shopping has brought about significant
pressure to its competitors. SINA Corporations (NASDAQ:SINA) entering instant
messaging market is analyzed by industry experts, Nanfang Daily reports.
Internet professional Fan Zeng told reporters that Tencent QQ has already
disclosed the fact that its active users have declined for the first time. This
shows Weibo has huge impact on QQ. Ai Mei Consulting CEO Yi Zhang thinks that
Sina Weibo is still unable to shake the foundation of Tencent QQ. After all,
among all the instant messaging software, QQ has already held absolute positions
in real-life and business social activities as well as related areas. In
addition, Sina has released v2.4.1 of Weibos iPad app. Paojiao.cn posts a review
of the app and concludes that its user interface is fresh and clean, its design
is unique, and its very convenient to use. Another report claims that Tencent is
in talks to acquire a minority stake in Kaixin001.com for $40 million. The news
is notable because Sina also has a stake in Kaixin001.com. It remains to be seen
how all the parties will resolve this issue. Sohu.com Inc. (NASDAQ:SOHU) will
invest 100 million RMB in producing its own video content, China Economic Times
reports. Sohu Videos COO Chun Liu told reporters that the company has recently
launched 10 original video programs. Sohu has also announced that five TV drama
series have surpassed 100 million page views on Sohu Video in the third quarter
of 2011. In addition, Gangjiang Li, a former executive at Google Chinas Shanghai
R&D Center, will join Sohu Video next week as Chief Technology Officer.
Changyou.com Limited (NASDAQ:CYOU) continues to improve Tian Long Ba Bu 3,
reports 17173.com. The company is working hard to develop new content for the
online game based on currently popular features. The continued development of
Tian Long Ba Bu is a reflection of a quote by Dewen Chen, Changyous President:
"Use products to dominate the market. Use brands to influence the market. Use
development to guide and lead the market."

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