According to an industry insider, Chinese internet firm Sohu (Nasdaq: SOHU) is planning to spin off the company's Focus.cn real estate website as well as its auto news portal Auto.sohu.com for independent IPOs.
Sohu acquired Focus.cn in 2003, turning the site into Sohu's primary real estate service. Focus.cn was established in 1999. Sohu's auto portal has been in operation for 14 years.
online real estate
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