Search engine provider Sogou, 80% owned by Sohu and Tencent, has filed for a $600m offering on the New York Stock Exchange
Sogou, the China-based search engine operator that counts internet companies Tencent and Sohu as its main investors, has filed to raise up to $600m in an initial public offering in the US.
Founded by Sohu, Sogou operates a search engine with 483 million monthly average users, giving it a market share of about 16% in China as of June this year, according to research firm iResearch. It posted a $35.8m net profit in the first half of 2017, from…