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RSS FeedsChina tech giants Weibo parent Sina and search engine Sogou to delist from US
(WorldNews China)

 
 

29 september 2020 19:02:26

 
China tech giants Weibo parent Sina and search engine Sogou to delist from US
(WorldNews China)
 


Beijing: The parent company of China’s vast Weibo platform and one of the country’s biggest search engines have announced plans to delist from US stock markets in deals totalling over $6 billion as relations between Washington and Beijing grow increasingly tense. Chinese search engine Sogou confirmed Tuesday it would be taken private by tech giant Tencent, in a deal that values the New York-listed firm at around $3.5 billion. The...


 
25 viewsCategory: General > Asia > China
 
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