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Sohu.com May List Sogou Abroad in 2013
[May 02, 2013]

Sohu.com May List Sogou Abroad in 2013


BEIJING, May 02, 2013 (SinoCast Daily Business Beat via COMTEX) -- Sohu.com Inc. (Nasdaq: SOHU) revealed revenue of USD 39 million for Sogou in the first quarter of 2013 fiscal year, rising 73% year on year.

Sogou harvested operating revenue of USD 27 million from search service, USD 9 million from navigation service and USD 3 million from game operation. Visitor traffic for search service expanded from 8.19% at the end of 2012 to 9.32%.

Monthly active users for mobile phone input method surpassed 100 million in January and had reached 123 million ended March 31.

Insiders pointed out that Sogou has maintained compound growth rate of 23.4% for eleven consecutive fiscal quarters since being spun off in August 2010. If the US capital market recovers this year, Sogou planned an independent listing.

Source: www.beijingtimes.com.cn (May 02, 2013)

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