Tencent proposed buying out Sogou search engine
Posted On July 31, 2020
The social and gaming leader Tencent offers to acquire Sogou, the second-largest search engine service provider in China, at the price of $9 a share, though the proposal has not yet been reviewed by the later. The two companies have gone through a long and solid business partnership in various areas from search engine technical support to language input software cooperation. However, Sougou will delist from the New York Stock Exchange if the tentative transaction is finalized.