Sogou, one of the top Chinese search engines, revenues reached US$257 million in Q3 2017, up 55% year-over-year and 22% quarter-over-quarter.
In Q3 2017, Sogou continued to expand market share in mobile search, propelled by robust traffic growth. Mobile search traffic grew by 38% year-over-year, driving a 24% increase in total search traffic.
Total revenue reached $257 million, an increase of 55% a year ago and 22% from the previous quarter, continuously outpacing industry growth.
Sogou made new progress with its product collaboration with Tencent. Specifically, Tencent began testing the integration of Sogou Search into WeChat, which allows its users to access all internet information through Sogou’s general search function from within WeChat.
Sogou has also advanced its AI technology research and product applications. Its technologies in natural language processing continued to enable the transition from search into Q&A.
As Sogou has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Committee relating to a proposed initial public offering.