Sohu Refutes Sogou Spin-off Rumors
Tencent Tech, 6/07/10
Wang Xiaochuan, CTO of Chinese internet company Sohu (Nasdaq: SOHU), has denied rumors that the company plans to spin off its Sogou search business. Wang said Sogou has no plans to become an independent company in the foreseeable future, nor has it considered a market listing. Wang added that Sogou has already seen its traffic volume double since Google's withdrawal to Hong Kong.
Sogou and anti-virus software developer Qihoo 360 also both denied recent rumors that the two firms plan to start a search technology joint venture.
Keywords: Internet traffic Wang Xiaochuan Internet Sogou Sohu Qihoo 360 online search JV
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