Tag Archives: Sougou

China News Digest: September 21, 2016

The following press releases and news reports about China companies were carried on September 21. To view a full article or story, click on the link next to the headline.
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  • Postal Savings Bank of China Set to Price Hong Kong IPO Near Low End (English article)
  • New Disclosure Shows Tencent (HKEx: 700) Owns 45 Pct of Search Engine Sogou (Chinese article)
  • NetEase (Nasdaq: NTES) Launches Cloud Service, to Invest ‘Several Billion Yuan’ (Chinese article)
  • Dangdang (NYSE: DANG) Announces Completion of Merger (PRNewswire)
  • Bright Food Approved to Buy Stake in New Zealand’s Largest Meat Processor (English article)

INTERNET: Sogou Chases News, Hollywood Sues Xunlei

Bottom line: Sougou could gain some momentum in the search market this year following some innovative new tie-ups with WeChat, while Xunlei’s stock will remain under pressure as it gets dogged by more piracy issues.

Sogou launches news feature on WeChat

More than a year after emerging as China’s third-largest search engine with the merger of 2 second-tier players, Sogou is finally making an interesting move by launching a news app that takes advantages of its ties to Internet titan Tencent (HKEx: 700). The move looks particularly promising, since the rapid rise of another similar app called Today’s Headlines shows that this is clearly an area with strong demand. The move could pose a serious challenge to the high-flying Today’s Headlines, which earlier this week was named as one of China’s top 10 mobile apps for 2014. (previous post) Read Full Post…

News Digest: January 21, 2015

The following press releases and media reports about Chinese companies were carried on January 21. To view a full article or story, click on the link next to the headline.
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  • Itochu, Charoen (Tokyo: 8001) Pay $10.4 Bln for Stake in Citic (HKEx: 267) (English article)
  • China Telecom Incremental Increases Outpace China Mobile, Unicom in 2014 (Chinese article)
  • Spring Airlines (Shanghai: 601021) To Make Trading Debut In Shanghai (Chinese article)
  • New Oriental (NYSE: EDU) Announces Second Fiscal Quarter Results (PRNewswire)
  • Sougou Launches WeChat Headlines, Challenges Today’s Headlines App (Chinese article)

News Digest: August 13, 2014

The following press releases and media reports about Chinese companies were carried on August 13. To view a full article or story, click on the link next to the headline.
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  • China Probes Threaten to Squeeze Foreign Profits (English article)
  • Shanghai GM (NYSE: GM) Admits To Coming Under Anti-Monopoly Investigation (Chinese article)
  • Baidu (Nasdaq: BIDU) Sues Sohu’s Sogou For Anti-Competitive Behavior (Chinese article)
  • Phoenix New Media (NYSE: FENG) Reports Q2 Unaudited Financial Results (PRNewswire)
  • ReneSola (NYSE: SOL) Announces Second Quarter 2014 Results (PRNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)