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Beijing Business Daily News (Reporter Wei Wei) On March 4th, Sohu released its financial reports for the fourth quarter and full year of 2023. Sohu achieved a revenue of $141 million in the fourth quarter of 2023, a total revenue of $601 million for the year, a net loss of $13 million under non US GAAP accounting standards, and a net loss of $51 million for the year. According to the financial report, Sohu's revenue from brand advertising was $89 million and online gaming revenue was $480 million in 2023. At the same time, the board of directors of Sohu announced an increase in the amount of its stock repurchase plan, from a maximum of $80 million to a maximum of $150 million.
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