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INTERVIEW & OPINION  [more in INTERVIEW & OPINION]

Sohu CEO: We Don't Do E-Commerce  

1688.HK, Alibaba.com, B2B, B2C, BIDU, Baidu, C2C, Charles Zhang, Internet, Sohu, blog, e-commerce, search

Posted by: Megan Ko on Jul 25, 2008 | 20:07

Editorial Summary

Sohu (Nasdaq: SOHU) will continue working on its Sogou blog, space and search services going forward, but has no current plans to enter the e-commerce industry, reports China Business Times quoting Sohu CEO Charles Zhang. Zhang called business-to-business (B2B) e-commerce models nothing more than advertising and networking platforms for small businesses saying that a real B2B industry does not exist in China. As for business-to-consumer (B2C) and consumer-to-consumer (C2C) forms, Zhang failed to see any clear representations. The chief executive officer said B2C is not "real" e-commerce, while C2C structures are just ways to help people sell things.

B2B e-commerce company Alibaba.com (1688.HK) opened its fourth functional overseas office in Taipei on Thursday. Baidu (Nasdaq: BIDU) is expected to officially release its C2C platform by year end.



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Keywords in this article:
1688.HK, Alibaba.com, B2B, B2C, BIDU, Baidu, C2C, Charles Zhang, Internet, Sohu, blog, e-commerce, search

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