China’ssecond-largestsearchengine,SogouInc,debutedontheNewYorkStockExchangeundertheticker“SOGO”onThursday.Afterpricingatthetopoftherangeat13dollarspershare,thec
The head of China's third-biggest search engine Sogou said he expects his company to launch a US initial public offering with a valuation of as much as $5 billion-as it raises cash to close the gap with leader Baidu Inc in the mobile market.
Tencent Holdings Limited, China's leading Internet firm, has invested 448 million U.S. dollars in Sogou, the search engine arm of Internet company Sohu.com Inc., the companies announced Monday.