Follow

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Account
Techi.com Techi.com

Chinese internet companies are starting to eat each other

China’s top web companies are on an acquisition blitz this year. The latest big stake grab comes in the realm of search engines, with Chinese web giant Tencent confirming today that it has bought a 36.5 percent slice of search engine rival Sogou.

Sogou is the search engine and software subsidiary of Chinese web portal Sohu. It has been the subject of buy-out rumors for months, with China’s second biggest search engine, Qihoo, thought to be the buyer. But apparently not.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use