Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: Tencent to Merge Soso, Wireless Divisions

Cnetnews.com.cn, 5/15/12

Shenzhen-based internet company Tencent (0700.HK) will begin merging its Soso search engine into its wireless division this week, according to an industry source.

Two weeks ago, Tencent VP Wu Jun denied rumors that Soso would begin large-scale layoffs. A Tencent employee, speaking anonymously, said, "It will be hard to avoid staff cuts following the merger, but the company is unlikely to admit it."

Editor's Note: For more information on this topic, please see "Rumor: Tencent Soso to Make Large-Scale Staff Cuts," MD 4/27/12 issue.

Keywords: Wu Jun Internet wireless Soso Tencent 0700.HK online search

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports