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Alibaba Invests USD15 Million For 10% Stake In Sogou

4:12 am on Oct 12, 2010 (gmt 0)

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WebmasterWorld Administrator bill is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Oct 12, 2000
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Sogou has never been a very big referrer for my Chinese sites. They must have something Alibaba wants though...

Alibaba Invests USD15 Million For 10% Stake In Chinese Search Engine [chinatechnews.com]

According to a 8-K form submitted by Sohu.com to the U.S. Securities and Exchange Commission, the Chinese business-to-business e-commerce company Alibaba.com will invest USD15 million to acquire a 10% stake in Sogou.com, a subsidiary of Sohu.com.