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
Fool contributor Anders Bylund owns shares in Google, but he holds no other position in any of the companies discussed here. You can check out Anders' holdings or a concise bio; The Motley Fool is investors writing for investors.