Place: Newsroom / Client Work / Detail
GLO Advises on the IPO and Debut of Sogou Inc. on NYSE

On 9 November 2017, Sogou Inc., an innovator in search and a leader in China's Internet industry, started trading of its 45,000,000 ADS under the ticker symbol "SOGO" on the New York Stock Exchange at a price of US$13.00 per ADS for a total IPO size of US$585 million(excluding over-allotment). The trading closed at 13.50 dollars, rising 3.85 percent and achieving an initial valuation of over $5bn.


Global Law Office acts as the PRC legal advisor to the joint bookrunners and representatives of underwritters, J.P. Morgan, Credit Suisse, Goldman Sachs and CICC, and provided a full range of PRC legal services throughout the IPO process. The team is led by our partners Liu Jinrong, Zhang Yu and Guo Shifang, with the great support from our associates Zhu Ruiqing, Chen Lei, Li Bing, Xu Tingting and Hou Meng.