Sohu Corporation announces its financial report for the first quarter of 2024. According to the financial report, Sohu's total revenue in the first quarter was $139 million, of which brand advertising revenue was $16 million and online gaming revenue was $118 million. The non GAAP net loss attributable to Sohu Corporation was $22 million.
Meanwhile, according to Sohu's previously announced repurchase plan for up to $150 million in American Depositary Shares, as of May 16, 2024, Sohu has repurchased 1726718 shares of Sohu American Depositary Shares for a total amount of approximately $17 million.