Sohu.Com Inc., formerly known as Internet Technologies China Incorporated, was incorporated in Delaware in August 1996. The Company is a Chinese online media, search, gaming, community and mobile service group. The Company along with... its subsidiaries is engaged in online advertising business, which consists of brand advertising business as well as the search and others business, the online games business, the mobile business and the others business. The brand advertising business offers its users Chinese language Web content and services, including news, video, interactive community and other competitive Internet services across Internet-enabled devices, such as PCs, mobile phones and tablets. It also offers advertisements on these Sohu Group Web properties to companies who are seeking to increase t...heir brand awareness online. The products and services are provided on platforms such as Sohu.com, Focus.cn, and 17173.com. The Company's search and others business operated by Sogou, offers customers pay-for-click services as well as online marketing services on the Sogou Web Directory. Both pay-for-click services and online marketing services on the Sogou Web Directory expand distribution of the Company's advertisers' Website links and advertisements by leveraging traffic on Sogou Website Alliance members' Websites. Sogou provides products including Sogou Pinyin, Sogou Browser, Sogou Web Directory and Sogou Search to China’s online users. The online game business is conducted by the Company's subsidiary, Changyou.com Ltd. The online game business consists of the development, operation and licensing of massively multiplayer online games and Web games. Changyou currently operates several MMOGs in China, including the in-house developed Tian Long Ba Bu. Changyou's subsidiary 7Road.com Limited jointly operates its Web games DDTank and Wartune with third-party joint operators and also directly operates Wartune through its Website. Its wireless business offers mobile related services through different types of wireless products to mobile phone users. The wireless products consist mainly of short messaging services, Ring Back Tone, interactive voice response and mobile games. The Company's others business includes sub-licensing of licensed video content to third parties, offering Internet value-added services with respect to Web games developed by third-party developers under revenue-sharing arrangements with the developers, and offering cinema advertisement slots to be shown in theaters before the screening of movies. The Company is facing competition from both domestic and international competitors for providing content and services over the Internet. The Company competes with several portals, including Tencent, Sina Corporation, NetEase.com, Inc., Autohome Inc, Bitauto Holdings Limited, Youku Tudou Inc., Beijing Xin Lian Xin De Advertising Media Co., Ltd., SouFun Holdings Limited, E-House (China) Holdings Limited, and YY Inc. In addition, the Company also competes with Microsoft Corporation. The Company also competes with Baidu.com, so.com of Qihoo 360 Technology Co., Ltd., Google.com, Youdao of Netease, and Bing of Microsoft. Online marketing services on the Sogou Web Directory also faces competition from other Chinese Web directories, such as the 360 Personal Start-up Page of Qihoo, Hao 123.com of Baidu, 2345.com of Shanghai Ruichuang Internet Technology Development Co., Ltd. and 123.duba.net of Kingsoft Corporation Limited. The Company is subject to regulatory scheme governing Internet-related areas, such as telecommunications, Internet information services, international connections to computer information networks, online game services, information security and censorship.