This excerpt taken from the SOHU 10-Q filed May 11, 2009.
Nature of Operations
Sohu.com Inc. (Sohu or the Company), a Delaware corporation organized in 1996, is a leading Internet company providing comprehensive online products and services in the Peoples Republic of China (the PRC or China). The Company, its subsidiaries and variable interest entities (VIEs), offer brand advertising, sponsored search, online game and wireless services through Internet sites, sohu.com, 17173.com, focus.cn, chinaren.com, sogou.com, and changyou.com.
Brand advertising and online game are core businesses of the Company. In brand advertising business, the Company provides advertisements on its portal matrix to advertisers who wish to build up their brand awareness online. In the online game business, the Companys publicly-traded subsidiary Changyou.com Limited (Changyou) operates two massively multi-player online role-playing games (MMORPGs), Tian Long Ba Bu (TLBB) and Blade Online (BO). TLBB is the first in-house developed MMORPG and is one of the most popular online games in China.