On Febr.4, Sohu (NASDAQ:SOHU), Sogou’s parent company announced that due to the growing strength of Sogou, Wang XiaoChuan (Sogou CEO and Sohu CTO) would no longer serve as CTO of Sohu anymore.

One insider revealed that Sogou would make big strides on capital end after Chinese New Year, some assumed an IPO planning.

According to Sohu’s financial report, in Q4 of last year, Sogou generated 41 million US dollar in revenue, indicating an increase of 78% yoy and a rise of 10% qoq. As for annual turnover, Sogou generated 131 million US dollar, showing a rise of 108% yoy. The parent company Sohu harvested 1.067 billion US dollar, crossing the 1 billiom mark and up 25% yoy.

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Chelsea Dong

She reads, travels, photographs and writes, with interests in chronicling China tech scene and interpreting how technology disrupts the way people live.