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April 01, 2015 4:05 AM ET

Internet Software and Services

Company Overview of Sogou Inc.

Company Overview

Sogou Inc. operates as a Chinese online search engine. The company develops and operates internet applications such as Map, Number Pass, Voice search and smart-phone assistant. The company develops Sogou Pinyin, Sogou browser, Sogou Web Directory and Sogou.com. The company was founded in 2004 and is based in China. Sogou Inc. operates as a subsidiary of Sohu.com Inc.

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China

Founded in 2004

Key Executives for Sogou Inc.

Chief Executive Officer and Director
Age: 36
Compensation as of Fiscal Year 2014.

Sogou Inc. Key Developments

Sogou Reportedly Seeks Financing

Sogou Inc. is reportedly planning a U.S. initial public offering at a valuation of more than $3 billion. Sogou could sell shares as early as the second half of this year

Sogou Reports Earnings Results for the Fourth Quarter and Full Year of 2015

Sogou reported earnings results for the fourth quarter and full year of 2015. The company recorded operating income of USD 119 million in the fourth quarter of 2014, growing 70% year on year, and profits of USD 18 million. Annual operating income reached USD 386 million in 2014, growing 79% year on year; profits reached USD 33 million.

Qihoo 360 Files Lawsuit Against Sogou

Qihoo 360 Technology Co. Ltd. filed a lawsuit against Sogou for illicit competition in a local court in Beijing, demanding for compensation reaching CNY 50 million. Qihoo 360 stated that Sogou has bundled its browser for download of users in excuse of updating input method and lexicons, days after receiving investment of USD 448 million from Tencent Holdings Limited. As a security software developer, Qihoo 360 has reminded users of the bundled installation of Sogou and helped them recover their browsers, showing great respect to the choices of users.

Recent Private Companies Transactions

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