Chinese internet companies are starting to eat each other

by Connor Livingston September 16, 2013, 10:23 AM 1000 Views

China’s top web companies are on an acquisition blitz this year. The latest big stake grab comes in the realm of search engines, with Chinese web giant Tencent confirming today that it has bought a 36.5 percent slice of search engine rival Sogou.

Sogou is the search engine and software subsidiary of Chinese web portal Sohu. It has been the subject of buy-out rumors for months, with China’s second biggest search engine, Qihoo, thought to be the buyer. But apparently not.

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Written by Connor Livingston

Connor Livingston is a tech blogger who will be launching his own site soon, Lythyum. He lives in Oceanside, California, and has never surfed in his life. Find him on Twitter, Facebook, and Pinterest.