Chinese search engine Sogou reports revenue growth in 2019
The turnover of Chinese internet search engine Sogou Inc. in 2019 reached $1.17 billion, which is 4% higher than a year earlier, according to Xinhua news agency on March 9. The company's net profit not according to GAAP's generally accepted accounting principles was $105 billion for the coming year, compared to $113 billion in 2018. The number of daily users with the Sogou mobile keyboard rose 9% year-on-year to 464 million in the fourth quarter of 2019. The company's speech recognition app recorded 802 million daily requests. Sogou CEO Wang Xiaochuan said that the company's smart tech business is experiencing robust growth as the company builds on the integration of its key artificial intelligence capabilities into its products. The company expects its total revenue in the first quarter of 2020 to reach $240 billion 260
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