8. RELATED PARTY TRANSACTIONS for Sohu.com (SOHU)

Send us Feedback

Sohu.com (SOHU)

	SUMMARY

	BULLS

	BEARS

	TOPICS

	DATA CENTRAL

	STOCK CHART

	SEC FILINGS

	BALANCE

	INCOME

	CASH FLOW

SOHU » Topics » 8. RELATED PARTY TRANSACTIONS

This excerpt taken from the SOHU 10-K filed Feb 26, 2009.

(b) Related Party Transactions

The following table summarizes related party transactions during the years ended December 31, 2008, 2007 and 2006, respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Year Ended December 31,
		2008		2007		2006
Qingfan, a company controlled by Dr Zhang’s brother	Delivery services provided by Qingfan	$	—	$	—	$	27
An investee of the Company*	Amortization of licensing fee		—		—		69
	Cost of revenues		—		949		1,761

*	This investee ceased to be a related party of the Company starting September 1, 2007, when the Company disposed its equity investment. Accordingly, since then, transactions with this party are not regarded as related party transactions.

This excerpt taken from the SOHU 10-Q filed Nov 7, 2008.

7. RELATED PARTY TRANSACTIONS

The following table summarizes related party transactions during the three and nine months ended September 30, 2008 and 2007, respectively (in thousands):

Name or Description of Related Party

Description of Transactions

Accounting Captions

Three Months Ended
September 30,

Nine Months Ended
September 30,

2008

2007

2008

2007

An investee of the Company*

Revenue-based royalty fee

Cost of revenues

—

206

—

949

*	This investee ceased to be a related party of the Company starting September 1, 2007, when the Company disposed its equity investment. Accordingly, since then, transactions with this party are not regarded as related party transactions.

-15-

This excerpt taken from the SOHU 10-Q filed Aug 8, 2008.

7. RELATED PARTY TRANSACTIONS

The following table summarizes related party transactions during the three and six months ended June 30, 2008 and 2007, respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Accounting Captions	Three Months Ended June 30,				Six Months Ended June 30,
			2008		2007		2008		2007
An investee of the Company*	Revenue sharing	Cost of revenues	$	—	$	365	$	—	$	743

*	This investee ceased to be a related party of the Company starting September 1, 2007, when the Company disposed its equity investment. Accordingly, since then, transactions with this party are not regarded as related party transactions.

This excerpt taken from the SOHU 10-Q filed May 9, 2008.

7. RELATED PARTY TRANSACTIONS

The following table summarizes related party transactions during the three months ended March 31, 2008 and 2007, respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Accounting Caption		Three Months Ended March 31,
			2008		2007
An investee of the Company*	Revenue sharing	Cost of revenues	$	-	$	378

* This investee ceased to be a related party of the Company starting September 1, 2007, when the Company disposed its equity investment. Accordingly, since then, transactions with this party are not regarded as related party transactions.

These excerpts taken from the SOHU 10-K filed Feb 28, 2008.

(b) Related Party Transactions

The following table summarizes related party transactions during the years ended December 31, 2007, 2006 and 2005, respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Year Ended December 31,
		2007		2006		2005
Qingfan, a company controlled by Dr Zhang’s brother	Delivery services provided by Qingfan	$	—	$	27	$	184
An investee of the Company*	Amortization of licensing fee		—		69		100
	Cost of revenues		949		1,761		1,288

*	This investee ceased to be a related party of the Company starting September 1, 2007, when the Company disposed its equity investment. Accordingly, since then, transactions with this party are not regarded as related party transactions.

18.

Shareholders’ Equity

(b) Related
Party Transactions

The following table summarizes related party transactions during the years ended December 31, 2007, 2006 and 2005,
respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Year Ended December 31,
		2007		2006		2005
Qingfan, a company controlled by Dr Zhang’s brother	Delivery services provided by Qingfan	$	—	$	27	$	184
An investee of the Company*	Amortization of licensing fee		—		69		100
	Cost of revenues		949		1,761		1,288

*	This investee ceased to be a related party of the Company starting September 1, 2007, when the Company disposed its equity investment. Accordingly, since then, transactions with this party are not regarded as related party transactions.

18.

Shareholders’ Equity

This excerpt taken from the SOHU 10-Q filed Nov 7, 2007.

8. RELATED PARTY TRANSACTIONS

The following table summarizes related party transactions during the three and nine months ended September 30, 2007 and 2006, respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Accounting Captions	Three Months Ended September 30,				Nine Months Ended September 30,
Name or Description of Related Party	Description of Transactions	Accounting Captions	2007		2006		2007		2006
Qingfan, a company controlled by Dr Zhang’s brother	Delivery service provided by Qingfan	Cost of revenues	$	-	$	-	$	-	$	27
An investee of the Company*	Amortization of licensing fee	Product development expenses		-		17		-		69
	Revenue sharing	Cost of revenues		206		480		949		1,361

This excerpt taken from the SOHU 10-Q filed Aug 6, 2007.

7. RELATED PARTY TRANSACTIONS

The following table summarizes related party transactions during the three and six months ended June 30, 2007 and 2006, respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Accounting Captions	Three Months Ended June 30,				Six Months Ended June 30,
			2007		2006		2007		2006
Qingfan, a company controlled by Dr. Zhang’s brother	Delivery service provided by Qingfan	Cost of revenues	$	—	$	9	$	—	$	27
An investee of the Company	Amortization of licensing fee	Product development expenses		—		26		—		52
	Revenue sharing	Cost of revenues		365		435		743		881

This excerpt taken from the SOHU 10-Q filed May 8, 2007.

7. RELATED PARTY TRANSACTIONS

The following table summarizes related party transactions during the three months ended March 31, 2007 and 2006, respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Accounting Caption	Three Months Ended March 31,
Name or Description of Related Party	Description of Transactions	Accounting Caption	2007		2006
Qingfan, a company controlled by Dr. Zhang’s brother	Delivery service provided by Qingfan	Cost of revenues	$	—	$	18
An investee of the Company	Amortization of licensing fee	Product development expenses		—		26
	Revenue sharing	Cost of revenues		378		446

-10-

This excerpt taken from the SOHU 10-K filed Mar 8, 2007.

(b) Related Party Transactions

The following table summarizes related party transactions during the years ended December 31, 2006, 2005 and 2004, respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Year Ended December 31,
		2006		2005		2004
Qingfan, a company controlled by Dr Zhang’s brother	Delivery services provided by Qingfan	$	27	$	184	$	126

An investee of one of the Company’s shareholders *	Brand advertising revenues		—		—		453

A company whose founder, Chief Executive Officer and Chairman is one of the directors of the Company	Brand advertising revenues		—		—		30

An investee of the Company	Amortization of licensing fee		69		100		50

	Cost of revenues		1,761		1,288		219

A company, one of whose directors is also a director of the Company	Hotel reservation services		—		—		10

	Brand advertising revenues		—		—		36

*	This party ceased to be a related party of the Company in November 2004. Accordingly, since then, transactions with this party are not regarded as related party transactions.

This excerpt taken from the SOHU 10-Q filed Nov 6, 2006.

8. RELATED PARTY TRANSACTIONS

The following table summarizes related party transactions during the three and nine months ended September 30, 2006 and 2005, respectively (in thousands):


			Three Months Ended September 30,				Nine Months Ended September 30,
Name or Description of Related Party	Description of Transactions	Accounting Captions	2006		2005		2006		2005
Qingfan, a company controlled by Dr Zhang’s brother	Delivery service provided by Qingfan	Cost of revenues	$	—	$	51	$	27	$	115
An investee of the Company	Amortization of licensing fee	Product development expenses		17		25		69		75
	Revenue sharing	Cost of revenues		480		326		1,361		906

This excerpt taken from the SOHU 10-Q filed Aug 8, 2006.

8. RELATED PARTY TRANSACTIONS

The following table summarizes related party transactions during the three and six months ended June 30, 2006 and 2005, respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Accounting Captions	Three Months Ended June 30,				Six Months Ended June 30,
Name or Description of Related Party	Description of Transactions	Accounting Captions	2006		2005		2006		2005
Qingfan, a company controlled by Dr Zhang’s brother	Delivery service provided by Qingfan	Cost of revenues	$	9	$	33	$	27	$	64
An investee of the Company	Amortization of licensing fee	Product development expenses		26		25		52		50
	Revenue sharing	Cost of revenues		435		296		881		580

This excerpt taken from the SOHU 10-Q filed May 2, 2006.

7. RELATED PARTY TRANSACTIONS

The following table summarizes related party transactions during the three months ended March 31, 2006 and 2005, respectively (in thousands):


Name or Description of Related Party	Description of Transactions	Accounting Caption	Three Months Ended March 31,
Name or Description of Related Party	Description of Transactions	Accounting Caption	2006		2005
Qingfan, a company controlled by Dr Zhang’s brother	Delivery service provided by Qingfan	Cost of revenues	$	18	$	31
An investee of the Company	Amortization of licensing fee	Product development expenses		26		25
	Revenue sharing	Cost of revenues		446		284

This excerpt taken from the SOHU 10-K filed Feb 28, 2006.

(b) Related Party Transactions

Effective July 1, 2003, the VIEs have been consolidated in the Company’s financial statements. The Company has not restated earlier periods for the adoption of FIN 46R. Thus, prior to July 1, 2003, the VIEs were not consolidated in the Company’s financial statements and transactions with and balances related to the VIEs have been disclosed as related party transactions.

The following table summarizes related party transactions during the years ended December 31, 2005, 2004 and 2003, respectively (in thousands):


Name or Description of Related Party	Description of transactions	Year Ended December 31,
		2005		2004		2003
Beijing Sohu	Wireless revenues	$	—	$	—	$	19,455
	Wireless cost of revenues		—		—		5,767
	E-commerce revenues		—		—		2,159
	Service provided by Beijing Sohu		—		—		72
	E-commerce cost of revenues		—		—		1,778
Hengda	Other revenues from a related party		—		—		334
	Cost of other revenues		—		—		426
Qingfan, a company controlled by Dr Zhang’s brother	Delivery service provided by Qingfan		184		126		121
An investee of one of the Company’s shareholders *	Brand advertising revenues		—		453		—
A company whose founder, Chief Executive Officer and Chairman is one of the directors of the Company	Brand advertising revenues		—		30		—
An investee of the Company	Amortization of licensing fee		100		50		—
	Cost of revenues		1,288		219		—
A company, one of whose directors is also a director of the Company	Hotel reservation service		—		10		—
	Brand advertising revenues		—		36		—

*	This party ceased to be a related party of the Company in November 2004. Accordingly, since then, transactions with this party are not regarded as related party transactions.

F-22

"8. RELATED PARTY TRANSACTIONS" elsewhere:

EBay (EBAY)
NIC (EGOV)
CGI Group (GIB)
GigaMedia (GIGM)
IBasis (IBAS)
ICG GROUP, INC. (ICGE)
Crexendo, Inc. (IIG)
J2 Global Communications (JCOM)
Lionbridge Technologies (LIOX)
Geeknet, Inc (LNUX)
ELong (LONG)
LookSmart (LOOK)
Liquidity Services (LQDT)
Netease.com (NTES)
Open Text (OTEX)
Saba Software (SABA)
VeriSign (VRSN)
Symantec (SYMC)
Citrix Systems (CTXS)

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.

Mobile | Advertise | Licensing & Partnerships | Blogger Tools | Jobs

Sohu.com (SOHU)

SOHU » Topics » 8. RELATED PARTY TRANSACTIONS

Table of Contents

Table of Contents

Table of Contents

EXCERPTS ON THIS PAGE:

RELATED TOPICS for SOHU:

"8. RELATED PARTY TRANSACTIONS" elsewhere: