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Companies / China

Record Results For Sohu.com, But Wireless Hit By Pricing War

July 2010 | Company Finance Alert

Sohu.com, China's fourth most popular internet services portal, has posted growth well above expectations in its financial and operating results for the second quarter and first half of 2010, ending June 30 2010. The company saw record revenue figures, driven by burgeoning interest in its online advertising and gaming services. BMI believes these results will go a long way towards improving the company's traction with mobile advertisers in China, home to the world's largest internet market with 384mn users in 2009.

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