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Sohu.com Responds to Inaccurate Market Rumors Regarding Going Private and Delisting

2013-03-06 14:30 2409

BEIJING, China, March 6, 2013 /PRNewswire/ -- Sohu.com Inc. (NASDAQ: SOHU), China's leading online media, search, gaming, community and mobile service group, responded today to rumors circulating in the market, which were apparently instigated by an article published by the South China Morning Post. The Company announced that, contrary to the assertions in the article, it is not talking to investment banks and private equity funds about a possible plan to take the company private and/or delist its common stock from the NASDAQ Global Select Market. "No such discussions are in progress or currently contemplated," confirmed Ms. Carol Yu, Co-President and Chief Financial Officer of Sohu.

About Sohu.com

Sohu.com Inc. (NASDAQ: SOHU) is China's premier online brand and indispensable to the daily life of millions of Chinese, providing a network of web properties and community based/web 2.0 products which offer the vast Sohu user community a broad array of choices regarding information, entertainment and communication. Sohu has built one of the most comprehensive matrices of Chinese language web properties and proprietary search engines, consisting of the mass portal and leading online media destination www.sohu.com; interactive search engine www.sogou.com; #1 games information portal www.17173.com; the top real estate website www.focus.cn; #1 online alumni club www.chinaren.com; wireless value-added services provider www.goodfeel.com.cn; leading online mapping service provider www.go2map.com; and developer and operator of online games www.changyou.com/en/.

Sohu corporate services consist of online brand advertising on its matrix of websites as well as bid listing and home page on its in-house developed search directory and engine. Sohu also offers wireless value-added services such as news, information, music, ringtone and picture content sent over mobile phones. Sohu's online game subsidiary, Changyou.com (NASDAQ: CYOU), has a diverse portfolio of online games that includes Tian Long Ba Bu, one of the most popular massively multi-player online ("MMO") games in China, and DDTank and Wartune (also known as Shen Qu), which are two popular web games in China. Sohu.com, established by Dr. Charles Zhang, one of China's internet pioneers, is in its seventeenth year of operation.

For investor and media inquiries, please contact:

In China:

Eric Yuan

Sohu.com Inc.

Tel:

+86 (10) 6272-6593

E-mail:

ir@contact.sohu.com

In the United States:

Mr. Jeff Bloker

Christensen

Tel:

+1 (480) 614-3003

E-mail:

jbloker@ChristensenIR.com

Source: Sohu.com Inc.
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