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Tencents supply to purchase this Chinese language search engine pumped its inventory by 50%

Chinese language search engine Sogou's inventory value jumped 50% after Tencent proposed to purchase all the firm's remaining inventory for properly above its asking value.
Chinese search engine Sogou's stock price jumped 50% after Tencent proposed to buy all of the company's remaining stock for well above its asking price.

Original article
Original article
Author: Thenextweb

TNW is one of the world’s largest online publications that delivers an international perspective on the latest news about Internet technology, business and culture.

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