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Acacia Communications trades above its offer price from Cisco. Sogou declines on announcement of deal extension. Merger arbitrage cash spreads post a marginal positive return for 10th straight week. For further details see: Merger Arbitrage Analysis And Spread Performanc...
Sogou (SOGO): Q3 Non-GAAP EPS of -$0.10 misses by $0.14; GAAP EPS of -$0.11 misses by $0.14.Revenue of $216.67M (-31.2% Y/Y) misses by $90.33M.Both GAAP and non-GAAP gross margin was 22% for Q3, compared with 40% in Q3 2019 and 25% in Q2 2020.Press Release For further details see:...
Sohu is an online media and game service group from China. Note that Sohu sold its search division to Tencent for $1.1 billion. Sohu sold the best business division of the company and kept the worst-performing divisions. The question arises about whether the company does not ...
Sogou Ranks First in Facial Landmark Localization Challenge at ICPR 2020 PR Newswire BEIJING, Nov. 3, 2020 BEIJING , Nov. 3, 2020 /PRNewswire/ -- Sogou Inc. (NYSE:SOGO) ("Sogou" or "the Company"), an innovator in search and a leader in China's internet in...
Sogou to Report Third Quarter 2020 Financial Results on November 16, 2020 PR Newswire BEIJING, Nov. 2, 2020 BEIJING , Nov. 2, 2020 /PRNewswire/ -- Sogou Inc. (NYSE: SOGO) ("Sogou" or "the Company"), an innovator in search and a leader in China's internet ...
Sogou Wins Grand Prize at MIND News Recommendation Competition PR Newswire BEIJING, Oct. 13, 2020 BEIJING , Oct. 13, 2020 /PRNewswire/ -- Sogou Inc. (NYSE:SOGO) ("Sogou" or "the Company"), an innovator in search and a leader in China's internet ...
Merger activity increased significantly last week with ten new deals announced. The merger of WPX Energy (WPX) and Devon Energy Corporation (DVN). Morgan Stanley (MS) completes the acquisition of E*TRADE Financial Corporation (ETFC). For further details see: Me...
China's Tencent Holdings (OTC: TCEHY) announced Tuesday that it has signed a definitive agreement to acquire the entirety of compatriot search engine operator Sogou (NYSE: SOGO) . Tencent, which already has a substantial stake in Sogou, will then take the company private. So...
Shares of Sohu.com Limited (NASDAQ: SOHU) soared on Tuesday after the company announced its subsidiary Sogou (NYSE: SOGO) is being acquired by Chinese conglomerate Tencent Holdings (OTC: TCEHY) for $1.18 billion. Sogou stock barely moved on the news since it already ...
Sohu.com (SOHU) subsidiary Sogou (SOGO) has entered into a definitive Agreement and Plan of Merger with THL A21, TitanSupernova, and Tencent Mobility, each of which is a direct or indirect wholly-owned subsidiary of Tencent Holdings, pursuant to which Parent will be merged with and into Sogou...
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BEIJING, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announces that the Company has appointed Ms. Fion Wenjuan Zhou as a new director of the boa...
BEIJING, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announces that the board of directors of the Company has appointed Ms. Fion Zhou as t...