NASDAQ, CYOU - Changyou.com Ltd
Our MMORPG business began operations as a business unit within the Sohu Group in
2003. In June 2003, the Sohu Group launched its first MMORPG, KO, which was
licensed from a Korean developer. KO had limited acceptance in the Chinese
market, and its operation was discontinued in November 2006 when the license
expired. In October 2004, the Sohu Group launched BO, its second MMORPG, which
was licensed from a local independent game studio. In May 2007, the Sohu Group
launched TLBB, its first in-house developed MMORPG.
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In 2007, the Sohu Group reorganized its MMORPG business. As part of the
reorganization, Changyou.com Limited was incorporated in the Cayman Islands on
August 6, 2007 as an indirect wholly-owned subsidiary of Sohu.com Inc. ...
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