Summary:

Chinese Internet media company Sohu.com’s quarterly profits swelled on the back of popular demand for wireless text messaging services. It r…

Chinese Internet media company Sohu.com’s quarterly profits swelled on the back of popular demand for wireless text messaging services. It raked in Q2 profits of $7.5 million, or 19 cents per diluted share, which compared with a net loss of 2 cents per diluted share in the year-earlier quarter.

Revenues rose 216 percent year-on-year to $19.3 million, the company said. Fee-based revenues for services such as text-messaging grew 354 percent to $12.5 million, it said.

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