Sogou
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|
Revenues | 908m | 1.1b | 1.2b | 925m | 1.3b | 1.4b |
% growth | - | 24 % | 4 % | (21 %) | 42 % | 9 % |
EBITDA | 143m | 107m | 130m | (85.0m) | 198m | 231m |
% EBITDA margin | 16 % | 10 % | 11 % | (9 %) | 15 % | 16 % |
Profit | 82.0m | 98.0m | 89.0m | (108m) | 120m | 130m |
% profit margin | 9 % | 9 % | 8 % | (12 %) | 9 % | 9 % |
EV / revenue | 5.0x | 1.8x | 0.6x | 2.3x | - | - |
EV / EBITDA | 31.7x | 19.0x | 5.0x | -24.9x | - | - |
R&D budget | - | 194m | 186m | - | - | - |
R&D % of revenue | - | 17 % | 16 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Series A | ||
$448m Valuation: $1.2b | Late VC | ||
N/A | $585m Valuation: $5.1b | IPO | |
$3.5b Valuation: $3.5b 3.8x EV/LTM Revenues -41.2x EV/LTM EBITDA | Acquisition | ||
Total Funding | AUD692m |
Recent News about Sogou
EditSogou operates as a leading Chinese search engine and artificial intelligence (AI) technology company, primarily serving internet users in China. The company offers a range of services including web search, mobile search, and AI-driven products such as voice recognition and translation tools. Sogou's business model revolves around generating revenue through online advertising, leveraging its search engine capabilities to deliver targeted ads to users. By integrating AI technologies, Sogou enhances user experience with personalized content and recommendations, ensuring consistent service across multiple devices. The company also focuses on data privacy, employing techniques to de-identify personal information and using it to analyze user behavior for commercial purposes without compromising individual privacy. Sogou's market includes individual users seeking efficient search solutions and businesses looking for effective advertising platforms. The company stands out in the competitive Chinese internet market by continuously innovating and expanding its AI capabilities.
Keywords: search engine, AI technology, personalized content, online advertising, voice recognition, translation tools, data privacy, user experience, targeted ads, Chinese market.