99Bill, Sohu Team
As one of the most well known Internet brands in China, Sohu.com is more than an information service platform and it also offers users a broad array of services, such as Internet entertainment, communication and web-search. Especially important, Sohu enables users to make unobstructed online shopping via the net. With millions of registered users and massive amount of page view, Sohu has built one of the most comprehensive portfolio of Chinese language Internet properties and proprietary search engines, consisting of: Sohu.com (the mass portal and leading online media destination), ChinaRen.com (the #1 online alumni club), 17173.com (the #1 games information portal), Focus.cn (a top real estate and home furnishing website), GoodFeel.com.cn (a wireless value-added services provider), and Sogou.com (an interactive search engine with over 2.5 billion retrieved Chinese web pages). These services have attracted enormous attention from users and the market, but the online payment continued to be one of the critical bottlenecks that hindered Sohu's electronic business development. 99Bill Corporation is a third party payment service provider that focuses on providing internet and wireless payment solutions. This strategic partnership will improve the revenue collecting capability for Sohu, and the payment experience of 120 millions Sohu users.