- Effective tax rate for 2006 is 10%, expect to be in the low teens for 2007.
- 4Q06: XY2: 28% XYQ: 70% DT: 2%
- XY3 is going to be a pay-to-play game, the same price
- Anti-addiction system will affect all companies. Don’t see big impact.
- weakness in 4Q is because NTES reduced the number of ads on its front page. They will increase the price per ad, but haven’t start it yet.
- Developing search engine. Open beta in 2Q. Search engine is developed with a junior partner (NTES 75% and partner has 25%)
- Cancel the travel, health, and culture channel. Looking for partners to run these channels. So to concentrate on the news and entertainment channel.
- The three big area is Email, Blog, and Contents. Feels like the technology is much better than their peers. Concentrate on integration.
- Video is part of the content. No specific plan right now.