The Chinese love their games. That shows in Sohu.com's
Recession or not, the online gaming giant reported 86% higher earnings year over year, at $121.6 million. Earnings exploded to $1.45 per diluted share, nearly quadrupling the company's year-ago $0.39 per share.
And let's not fool ourselves here: It's all thanks to the insatiable Chinese appetite for games. Management proudly points to a 40% year-over-year increase in brand advertising revenue. But you can see that even that swift increase trails the company's total revenue gains. So unlike Google
Tian Long Ba Bu -- Demi-Gods and Semi-Devils, according to some sources, or Dragon if you ask Google Translate -- based on a best-selling series of novels with overtones of Buddhist mythology, is the company's biggest revenue generator. This Chinese analogue to Activision Blizzard's
This company is sitting on a golden egg that's just started to hatch. As the Chinese dragon wakes up and connects to the Internet in staggering numbers, online gaming providers like Sohu, Sina