Monday, January 12, 2009

Sohu CEO: Branded Ads to Slow in '09

Sohu (Nasdaq:SOHU) expects branded advertising growth to slow year-on-year in 2009, reports quoting Sohu CEO Charles Zhang. The company has sufficient cash flow to invest in fields like client ends, market promotion and research and development in 2009 but has no current acquisition plans, said Zhang.

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