Date
20 August 2018

Sohu posts US$65 mln net loss in 3Q, statement says

Sohu.com Inc. (SOHU.US), a Chinese online media company, recorded a net loss of US$65 million for the three months to September after paying a special dividend of US$82 million to shareholders of Sogou, its search engine unit. Total revenue grew 29 percent to US$368 million from a year ago, the United States-listed company said on its website Monday. Brand advertising revenue increased 60 percent to US$125 million. The company expects revenue of US$378 million to US$390 million in the fourth quarter.

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