Paul, Weiss, Rifkind, Wharton & Garrison and Baker & McKenzie have advised Chinese internet company Tencent Holdings Inc. on its $448 million investment in Sohu.com Inc.’s online search company Sogou.
Tencent has purchased a 36.5 percent stake in Sogou, with which it will merge its own Soso search-related businesses. In a joint statement, Tencent and Sohu said they would also cooperate on the development, cross-promotion, and integration of their products and services, particularly in search technology, user insights, and data sharing.
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