Thursday, October 27, 2011

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

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tdp2664 China Analyst 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 Baidu's 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.com's strategy to become a universal gateway to online shopping has brought about significant pressure to its competitors. SINA Corporation's ( 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 Weibo's 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 it's 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 Video's 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 China's 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, Changyou's 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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