Examples of Sohu Group in a sentence
Restrictions are currently in place and are unclear with respect to which segments of these industries foreign-owned entities, like the Sohu Group, may operate.
No vote needed.Greg Grupe made a motion not to fund an organization’s Strategic Innovation Opportunity proposal; Lynn seconded: roll call: Greg Grupe - yes, Nancy McKerrow - yes, Lynn Barnett - yes, Wiley Miller - yes, Joel Ray - yes, and Leigh Spence - yes.
An authorised person should adequately explain to a prospective investor the nature and characteristics of the fund that is being marketed.
VIEs Consolidated within the Sohu GroupThe Sohu Group adopted the guidance of accounting for VIEs, which requires VIEs to be consolidated by the primary beneficiary of the entity.
LitigationThe Sohu Group is a party to various litigation matters which it considers routine and incidental to its business.
W., Majewski, G., Błaszczak, B., Klejnowski, K., Rogula-Kopiec, P.
Changyou’s net income attributable to the Sohu Group is determined using the percentage that the weighted average number of Changyou shares held by Sohu represents of the weighted average number of Changyou ordinary shares and shares issuable upon the exercise or settlement of share-based awards under the treasury stock method, instead of by the percentage held by Sohu of the total economic interest in Changyou, which is used for the calculation of basic net income per share.
Consequently, the Sohu Group conducts certain of its operations and businesses in the PRC through its VIEs. The Sohu Group consolidates in its consolidated financial statements all of the VIEs of which the Group is the primary beneficiary.
All voting rights of the consolidated VIEs are assigned to the Sohu Group, and the Group has the right to designate all directors and senior management personnel of the consolidated VIEs, and also has the obligation to absorb losses of the consolidated VIEs. Dr. Charles Zhang and those other executive officers and employees of the Sohu Group who are shareholders of the consolidated VIEs have pledged their shares in the consolidated VIEs as collateral for the loans.
BackgroundPRC laws and regulations prohibit or restrict foreign ownership of companies that operate Internet information and content, Internet access, online games, mobile, value added telecommunications and certain other businesses in which the Sohu Group is engaged or could be deemed to be engaged.