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Sohu.com Reports Second Quarter 2021 Unaudited Financial Results

Sohu.com Reports Second Quarter 2021 Unaudited Financial Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Sogou Announces Second Quarter 2021 Results

Sogou Announces Second Quarter 2021 Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Sogou Announces First Quarter 2021 Results

Sogou Announces First Quarter 2021 Results
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BEIJING, May 14, 2021 /PRNewswire/ Sogou Inc. (NYSE: SOGO) ( Sogou or the Company ), an innovator in search and a leader in China s internet industry, today announced its unaudited financial results for the first quarter, ended March 31, 2021.
First Quarter 2021 Financial Results
Total revenues
[1]were $137.2 million, a 47% decrease year-over-year. The decrease was primarily driven by uncertainties with respect to Sogou s business policies among certain advertisers as a result of the previously-announced proposal by Tencent Holdings Limited ( Tencent ) to take Sogou private, as well as reduced traffic acquisition activity.
Search and search-related revenues were $127.8 million, a 46% decrease year-over-year. Auction-based pay-for-click services decreased year-over-year, accounting for 83.8% of search and search-related revenues, compared to 91.0% i ....

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Sohu.com Reports First Quarter 2021 Unaudited Financial Results

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BEIJING, May 14, 2021 /PRNewswire/ Sohu.com Limited (NASDAQ: SOHU), China s leading online media, video, gaming and search business group, today reported unaudited financial results for the first quarter ended March 31, 2021.
In view of the previously-announced Share Purchase Agreement between subsidiaries of Tencent Holdings Limited ( Tencent ) and the Company and its wholly-owned subsidiary Sohu.com (Search) Limited ( Sohu Search ) with respect to Sohu Search s Sogou Inc. ( Sogou ) shares (the Sogou Share Purchase ), the results of operations for Sogou have been excluded from the Company s results from continuing operations in the Company s condensed consolidated statements of operations and are presented in separate line items as discontinued operations. Retrospective adjustments to the historical statements have been made in order to provide a consistent basis of comparison. Unless indicated otherwise, results presented i ....

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Phoenix New Media Reports First Quarter 2021 Unaudited Financial Results

Phoenix New Media Reports First Quarter 2021 Unaudited Financial Results
Live Conference Call to be Held at 9:00 PM U.S. Eastern Time on May 10, 2021
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BEIJING, May 10, 2021 /PRNewswire/ Phoenix New Media Limited (NYSE: FENG) ( Phoenix New Media , ifeng or the Company ), a leading new media company in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.
Mr. Shuang Liu, CEO of Phoenix New Media, commented, During the first quarter of 2021, we adapted to the evolving advertising landscape and implemented active measures to increase user traffic, enhance user engagement, and improve user retention. Those measures include producing more exclusive, premium, and original content, leveraging social media distribution to reach a broader audience, and augmenting our premium content pool operations. In addition, we continued to explore new business initiatives t ....

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