Sohu (SOHU) has released an update.
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Sohu.com reported a 5% year-over-year increase in total revenues for the third quarter of 2024, driven primarily by a strong performance in the online gaming sector, despite a quarterly decline. While brand advertising revenues fell, Sohu’s strategic focus on enhancing user engagement and monetization has helped mitigate losses, resulting in a net loss of $16 million, an improvement from the previous quarter.
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