On November 13, 2023, Sohu Company announced its financial report for the third quarter of 2023. According to the financial report, Sohu's total revenue in the third quarter was $145 million, of which brand advertising revenue was $22 million and online gaming revenue was $117 million; Simultaneously announced a two-year stock repurchase plan with a total amount of up to $80 million.
Zhang Chaoyang, founder, chairman of the board of directors and CEO of Sohu, said, "In the third quarter, we continued to optimize our products and improve operational efficiency. Based on this, our revenue and net profit for this quarter met previous expectations
According to the financial report, in the third quarter of 2023, Sohu's total revenue was $145 million. The non US GAAP net loss attributable to Sohu was $10 million, compared to a net loss of $17 million in the same period last year, which narrowed significantly year-on-year.