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Sohu.com to Be Possibly Listed on GEM
Sohu.com does not reject the possibility of being listed on the Growth Enterprise Market (GEM) in Shenzhen as its second listing market, said Charles Zhang, the CEO of Sohu.com. With US$70 million in the bank account, he was optimistic about the finance of his company, and was not worried about the drop of the stock price.
Thanks to the low cost in monthly operation, Sohu.com is expected to make the ends meet by the year 2003. When asked whether Sohu.com would follow Tom.com(8001) to buy the traditional media, Zhang responded that there would be much to be done in e-commerce. (Panorama)
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