Sohu.com(US:SOHU) Zhong Guo Jing Ying Bao·2025-11-29 13:20Group 1 - The core concept of "关注流" is to provide a video social content distribution platform that emphasizes real human interaction over algorithm-driven content delivery [2] - Zhang Chaoyang, the founder and CEO of Sohu, highlighted that "关注流" supports various content formats including short videos, mid-length videos, live streaming, and text, focusing on social distribution rather than machine recommendations [2] - The current business model of "关注流" is still in the development phase, with the platform not yet pursuing commercialization and even providing subsidies to users for content creation [2] Group 2 - Sohu's Q3 2025 financial report indicated total revenue of 180 million yuan, a year-on-year increase of 9%, and a net profit of 9 million USD, marking a turnaround from previous losses [2] - Online gaming revenue contributed 162 million USD, while marketing services generated 14 million USD [2] - As part of a stock repurchase plan, Sohu has bought back 7.6 million American depositary shares for approximately 97 million USD as of November 13 [2]