Sohu.com Inc (NASDAQ: SOHU), a leading Chinese online portal, will separate its property information section, Focus.cn, for the establishment of a real estate-focused joint venture with Beijing Time Media, people with knowledge of the issue said Thursday. Focus president Zeng Fuhu confirmed the partnership in an interview with Sina, but declined to comment on the spinoff from Sohu. Bejing Time Media also owns some local newspapers in Beijing, Tianjin, Nanchang, Qingdao and Nanjing.

 

Source: http://tech.sina.com.cn/i/2010-08-19/15434564608.shtml

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