According to an industry source, Chinese internet firm Sohu's (Nasdaq: SOHU) online search subsidiary Sogou is currently in talks to acquire Tencent's (0700.HK) online search engine Soso. If successful, Sogou will take over Soso's desktop search business and merge the company's sales and other strategic business units into Sogou.
Editor's Note: For more information on this topic, please see "Search Contributes 74% of Sogou 2012 Revenue," MD 2/05/13 issue.
The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.