Sogou CEO steps down, with company formally merged into Tencent
Oct.15,2021

Asian Tech Press (Oct 15) -- Sogou CEO Wang Xiaochuan released an internal memo on Friday, saying that today is the great day that Sogou is formally merged into Tencent, and it is also the day he stepped down as CEO of Sogou.

Wang explained in the letter, "In the future, its core products such as Sogou Search, Sogou Input Method and PC browser will continue to operate under the Sogou brand."

Public information shows that on August 9, 2010, Wang led the Sogou team to split from Charles Zhang's Sohu.com Ltd (SOHU:NASDAQ) and set up Sogou Inc, a search engine firm, with Wang as CEO of Sogou, responsible for the strategic planning and operational management of the company.

On September 29, 2020, Sogou announced that it had signed a definitive agreement and plan of merger and would become an indirect wholly-owned subsidiary of Tencent Holdings Ltd (TCEHY:OTC US).

In July this year, China's top market regulator, the State Administration for Market Regulation (SAMR) approved the acquisition of Sogou by Tencent. On September 23, 2021, Sogou announced the completion of its merger with Tencent.

In early October 2021, Sogou completed its going private and delisted from the New York Stock Exchange. From listing to delisting, it has experienced nearly 4 years, and Sogou has been put into the arms of Tencent from Sohu.

In addition, Wang mentioned his planning for the next twenty years in his letter. He said, "Twenty years down the road, if I can do my part for the development of life sciences and medicine, and make a little contribution to public health, life will be more meaningful."

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