Tencent Technology News, the evening of November 9, Sogou officially landing the United States NYSE (NYSE: SOGO). Sogou opening price of 13 US dollars, the market value of more than 5 billion US dollars. All the way up after the opening bell, quickly exceeded 14 US dollars, rose to 14.7 US dollars.
In terms of monthly active users, Sogou is China's fourth largest Internet company. In addition to Sogou, together with Sohu listed in 2000 and Sohu's subsidiary listed in 2009, Sohu has created a record that Sohu owns three companies listed in the United States.
Zhang Chaoyang, Chairman and CEO of Sohu's Board of Directors, said: "Sogou today challenges the dominance of the search pattern and redefines the search to show the future of humankind with knowledge and intelligence. & rdquo;
On the evening of September 9, the third phase of Guomao Group Yin Yin Ballroom was held. The press conference of Sogou listing was held here. More than one hundred media reporters from all over the country gathered here. Zhang Zhaoyang, who is ringing the bell on the NYSE, Sogou CEO Wang Xiaochuan.
Zhang Chaoyang said: "Sogou entire team is a team of technical special cattle. We are very fortunate that, in the past 14 years, technology and products, making Sogou technology and products to do great, in line with today's market demand. Sogou input method invention is actually an important breakthrough. This input method is to do all the world's input behavior and text behavior with a search engine, which reflects the application of big data. & rdquo;
He also said: "There is the Sogou split, to create such an entity, Ogawa team they have the entrepreneurial spirit, has maintained a culture of entrepreneurship, including Tencent to join later, they also have great resources to provide, contribute to today sogou Success. Hope that based on artificial intelligence technology, Sogou can reduce the cost of human-computer communication, redefinition of the concept of search.
This is actually the fourth time Charles Zhang struck a bell in the United States, except that in 2006 the city invited him to open the bell knocking on the market. The other three were all listed by Charles Zhang as bellworys listed in the United States.
Sogou raise funds will be mainly used for: research and development, product enhancement, artificial intelligence and big data capabilities; sales and marketing, promotion of products, expand access to users and so on. In the next five years, the Chinese search market will still maintain a rapid growth of over 20%. After the listing of Sogou will continue to be the first in the market to launch a strong challenge, the future pattern may change.