The Tencent and Sohu-backed search engine operator will go public in the US today, floating at the top of its range.

Sogou, the China-based search engine operator backed by internet companies Sohu and Tencent, is set to float in the US today after pricing a $585m initial public offering yesterday.

The company will issue 45 million American depositary shares (ADSs) on the New York Stock Exchange priced at $13.00 each, at the top of the $11 to $13 range it set late last month.

Sogou has built an artificial intelligence-equipped search engine that had a 17.8% share of China’s mobile search…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?