Sohu
Sohu, Inc. is a Chinese Internet company headquartered in the Sohu Internet Plaza in Haidian District, Beijing. Sohu and its subsidiaries offer advertising, a search engine, on-line multiplayer gaming and other services.
History
Sohu was founded as Internet Technologies China in 1996 by Charles Zhang after he completed his PhD from the Massachusetts Institute of Technology and received venture capital funding from colleagues he met there. The following year, Zhang changed the name of ITC to Sohoo in homage to Yahoo! after meeting its cofounder, Jerry Yang; the name was soon after changed to Sohu to differentiate it from the American company. Sohu has been listed on NASDAQ since 2000 through a variable interest entity (VIE) based in Delaware.Sohu's Sogou.com search engine was in talks to be sold in July 2013 to Qihoo for around $1.4 billion. On September 17, 2013, it was announced that Tencent has invested $448 million for a minority share in Chinese search engine Sogou.com, the subsidiary of Sohu, Inc.
Sohu was ranked as the world's third- and twelfth-fastest growing company by Fortune in 2009 and 2010, respectively.