Sogou $50 million revenue grew 64% year-on-year in the second quarter

(editor: qing nan)

sogou company today released the results in the second quarter of this year, according to the period of sogou achieve revenue of $50 million, up 64% from a year earlier, rose by 27%.

, according to official data provided by the second quarter revenue of nearly half 2012 full-year revenue. At this point, sogou implements 12 consecutive quarter in the compound growth rate of 23.8%.

sogou CEO wang xiaochuan said, at present the sogou overall revenue growth is moderate, wireless business strategic layout has been basically completed, core product users rapid growth, pull effect on the company’s business is obvious enhancement, the outbreak of the second half.

the sogou in search and other advertising revenue of $46 million, up 61% year on year, rose 28%. This is mainly due to the over flow and rise in price, sogou search and the sustainable development of business website directory. Search and other business in the United States general accounting standards and the U.S. gaap gross margins are 47%, compared to 42% in the first quarter of 2013, 44% in the second quarter of 2012.

by the end of July, sogou mobile phone input method on active users reached 150 million, the no.1 mobile input software to continue. In addition, sogou traffic navigation for users of mobile phone map out favor downloads, at present the total number of users has exceeded 50 million.

expects the sogou third quarter revenue to $54 million to $56 million, equivalent to rose 8% to 12%, year-on-year growth of 45% to 50%.

at present, sogou is negotiating with all parties to negotiate equity trading, sources say, 360, baidu and ali, etc., are involved in.