Tencent's Sogou acquisition given approval
chinadaily.com.cn | Updated: 2021-07-13 11:03
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 percent as of 10:29 am.
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