Monday, February 06, 2006

Sohu Results Top Expectations

From Reuters:

"Chinese Internet media firm Inc. reported a 37 percent rise in quarterly profits led by strong growth in its wireless business and large tax benefits, sending its shares up 10 percent.

Fourth-quarter net income rose to $8.9 million, or 23 cents per diluted share, compared with the year-earlier quarter's $6.5 million, the Beijing-based company said on Monday."

China Net Investor: is the second most popular portal in China and a competitor in China's search market with its own search engine

China search market overview