Sohu's net profit jumps on ads and games
By Ding Yining |
April 26, 2011, Tuesday
|
Print Edition
Print Edition
NET profit at Internet portal and online game operator Sohu jumped 34 percent in the first quarter from a year ago, boosted by income from online advertising and online games, which exceeded previous estimates.
Net income was US$55.2 million while revenue rose 35 percent from the year-earlier period to US$174.4 million, Sohu said yesterday.
Advertising from search unit Sogou.com almost tripled to US$8 million as Sohu took advantage to expand its market share after Google began to direct Chinese mainland users to its Hong Kong site in March last year. Online gaming contributed US$94.9 million, up 32 percent from a year ago, and online brand advertising surged an annual 45 percent to US$57.2 million.
Sohu estimated second-quarter revenue at between US$188 million and US$193 million.
Net income was US$55.2 million while revenue rose 35 percent from the year-earlier period to US$174.4 million, Sohu said yesterday.
Advertising from search unit Sogou.com almost tripled to US$8 million as Sohu took advantage to expand its market share after Google began to direct Chinese mainland users to its Hong Kong site in March last year. Online gaming contributed US$94.9 million, up 32 percent from a year ago, and online brand advertising surged an annual 45 percent to US$57.2 million.
Sohu estimated second-quarter revenue at between US$188 million and US$193 million.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
