Chinese search engine Sogou is expected to issue an IPO in the U.S. this year, its CEO Wang Xiaochuan said in a recent interview, domestic media reported on Tuesday.
The IPO of Sogou, a subsidiary of China's Internet giant Sohu.com Inc, could be valued at as much as $5 billion, news portal qq.com reported, citing Wang. Sogou is likely to release 10 percent of its total share to the financial market in the U.S., the report said.
