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Sogou prices IPO at $13, the high end of the range

November 8, 2017
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Sogou, China's second largest mobile search engine backed by Tencent and Sohu, raised $585 million by offering 45 million shares at $13, the high end of the range of $11 to $13. Sogou plans to list on the NYSE under the symbol SOGO. J.P. Morgan, Credit Suisse, Goldman Sachs (Asia) and CICC acted as lead managers on the deal.