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Sohu reports $79 million loss on higher expenses

April 28, 2014

BEIJING— Sohu.com Inc., which operates one of China's most popular Web portals, said Monday it lost $79 million in the latest quarter due to higher expenses as its games and mobile businesses expanded. The loss for the three months ending March 31, equal to $2.05 per share, compared with a $23 million profit for the same period a year earlier.

Source: http://www.cnbc.com/id/101618430
 
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