Tencent's Sogou acquisition given approval

0 Comment(s)Print E-mail chinadaily.com.cn, July 13, 2021
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The State Administration for Market Regulation has unconditionally approved Chinese internet giant Tencent's acquisition of the country's second-largest search engine Sogou Inc, according to an announcement from the administration on Tuesday.

Tencent shares were up more than 4% as of 10:29 a.m.

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