Sohu’s “return” has taken seven years.
文 | 宋子 乔 p>
Edit | Chen Ziyang p>
Sohu (USU.US) seems to be getting farther and farther away from the Internet center. Correspondingly, Zhang Chaoyang, chairman and CEO of Sohu, set various goals for Sohu’s “return to the Internet center.” p>
Actually, not long ago, it just turned in a good report card. On March 9, Sohu disclosed its Q4 and full-year results for 2019. The biggest highlight of the performance is that Sohu achieved a non-GAAP of $ 7 million in a single quarter. p>
On the day of the earnings report, Sohu’s stock price opened up against the trend, and the next day’s stock price rose by more than 6%. However, this round of rally has not been able to continue. Since its Q4 financial report was released, Sohu’s market value has evaporated by about 83.56 million US dollars in 17 days. p>
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Source: Oriental Fortune p>
Market feedback is not traceless. In the competitive Chinese Internet world, Sohu has never created a surprise. At the media communication meeting after the release of the Sohu Q4 earnings report, Zhang Chaoyang frequently mentioned that Sohu was “surprisingly upright.” As early as at the 2020 Sohu World Conference held on December 18 last year, Zhang Chaoyang explained it. The mobile phone Sohu has a lot of browsing; ‘Surprise’, based on new social networking products such as innovative fox friends. “ Span> p>
Did Sohu do it? span> p>