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"Purchase Us, Big Kidding!", Three Portals against China.com
One day after China.com's claim at a news conference December 19 that a "merger between china.com and Sina, Sohu and Netease is the best choice and a win-win deal" for all parties, these three portals responded quickly and ruled out the possibility.
China.com compared itself to a vessel that can fight against financial storms in Nasdaq, while Sina, Sohu and Netease are just small boats that might be knocked down anytime without China.com's safeguard.
The merger or cooperation of the four Nasdaq-listed Chinese internet companies may help them to get a solid footing on NASDAQ, according to Peter Yip, president and chief executive of china.com.
However, reactions were strong. Wang Zhidong, CEO of sina.com, said: "He wants to acquire sina? I myself want to acquire yahoo!" Zhang Chaoyang, CEO of sohu.com, commented: "Purchase sohu? Impossible!" Source from Netease said: "china.com has never told us anything about this."
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