Earnings: Sohu’s Mobile Revenues Up 39 Percent

imageSohu (NSDQ: SOHU), one of the big Chinese online and mobile portals and the official partner for Beijing Olympics, has reported its Q208 earnings numbers. We covered the online portion of the results here on paidContent earlier today. Meanwhile, on the mobile side, revenues were $9.2 million, increasing 7 percent quarter-on-quarter and 39 percent year-on-year, despite “our making of a one-off tax provision of $2.1 million, which was net of against wireless revenues. Sohu is well-positioned to minimize risk associated with the wireless sector, as it now only represents around 10% of our total revenue,” the company said in today’s earnings conference call. Earnings release.

Comments have been disabled for this post