After Google’s pulling out of mainland China, the world’s biggest internet market last year, it left a huge market share for many competitors looking for a piece of the lucrative pie. Sogou, the search engine unit of Chinese portal Sohu.com, is aiming to overtake Google Inc by market share in China within a year, according to Sogou CEO Wang Xiaochuan. Wang Xiaochuan also claims that, Sogou’s revenue would likely exceed US$20 million in the fourth quarter this year and the company would turn profitable next year.
Sogou search revenue has reached US$8 million
The core products of Sogou are search engine services, internet browser and input method software. According to its own statistics, Sogou input method has gained more than 300 million users with 83.6% penetration rate in the market which makes it the top one Chinese input method software.
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