China's second largest search-engine Sogou's IPO priced at $13 per ADS

China's second largest search-engine Sogou's IPO priced at $13 per ADS

Xiaochuan Wang, chief executive officer of Sogou Inc., speaks during the Rise conference in Hong Kong, China, on Wednesday, July 12, 2017. Photographer: Anthony Kwan/Bloomberg via Getty Images

The initial public offering for China’s second-largest search engine, Sogou Inc, was priced at $13 per American Depository share (ADS), according to a source close to the matter, at the top end of the expected range of $11 to $13.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter