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Innovative Health Management Platform LIVE4WELL’s “Purple Wellness Day” Concludes Successfully

By
Advertorial Desk
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Causeway Bay Pilot Spearheads Citywide Preventive Healthcare, Echoing Primary Healthcare Agenda


HONG KONG SAR – Media OutReach Newswire – 10 August 2026 – Faced with the dual challenges of a steady rise in chronic disease rates and the immense pressure borne by public health resources in Hong Kong, putting preventive healthcare into practice has become a matter of urgency. To actively respond to the Government’s direction of strengthening primary healthcare and district-based service delivery, innovative health management platform LIVE4WELL has picked Causeway Bay as its first community pilot site, demonstrating its vision and practice in contributing to public health. Working with district organizations, the initiative enabled nearly 1,000 members of the public to experience non-invasive, painless and rapid screening. By combining artificial intelligence (AI) with big data, the platform encourages the public to take ownership of their own Bio-wealth Assessment Data, to identify and address potential health risks early.

Innovative health management platform LIVE4WELL has picked Causeway Bay as its first community pilot site, demonstrating its vision and practice in contributing to public health. Working with district organizations, the initiative enabled nearly 1,000 members of the public to experience non-invasive, painless and rapid screening.
Innovative health management platform LIVE4WELL has picked Causeway Bay as its first community pilot site, demonstrating its vision and practice in contributing to public health. Working with district organizations, the initiative enabled nearly 1,000 members of the public to experience non-invasive, painless and rapid screening.

As a community force, LIVE4WELL has also submitted policy recommendations to the HKSAR Government, spanning the smarter use of AI in health assessment, the rollout of non-invasive community outreach screening, the inclusion of inflammatory markers in community-level screening, and extending Chinese and Western medicine collaboration into the aspect of wearable devices, thereby supporting the HKSAR Government in aligning with the National 15th Five-Year Plan and the policy direction for the year ahead.

Business and District Leaders Aim to Fill the Gap in Advancing Chronic Disease Prevention and Control

LIVE4WELL’s six-day “Purple Wellness Day”, a public health screening experience event held in Causeway Bay from August 5 to 10, came to a successful close today. The event transformed a shopping mall space into an innovative health exploration hub, bringing together a wide range of top-tier health screening devices from Hong Kong, Chinese Mainland, and overseas, more than 20 healthy-living partner merchants and various star speakers, enriching the public’s journey of health exploration.

Ms. Miranda WONG, Co-founder, LIVE4WELL, said, “The management of chronic diseases should never begin only after the onset of illness. As a digital health partner, LIVE4WELL builds on the Government’s primary healthcare policy framework to provide the public with more proactive and accessible preventive healthcare support. By integrating AI and big data technologies into retail and community settings, we are making non-invasive screening part of everyday life, rather than medical procedures that feel out of reach. At its core, this is our long-term commitment to health management and social care — whether it is identifying chronic disease risks early in elderly family members, or helping younger generations catch issues like pre-diabetes in time. We hope technology can make ‘early detection, early management’ a part of everyone’s daily life, rather than something people come to regret only after their condition has worsened.”

Mr. LEE Man-lung, Joey, MH, Chairman of Centre Stage Squarer and Wan Chai District Council Member, who attended the opening event and arranged for district residents to take part, said, “Screening that is non-invasive, painless, and delivers results instantly is a major breakthrough in AI technology — one that goes beyond technological progress but more importantly, gives businesses the capacity to create health assessment tools that are more beneficial and relatable to people’s lives. Health assessment is no longer a tedious questionnaire or cold clinical equipment, it is a new experience of conversing with one’s own body. The event is an excellent demonstration of how community organizations can harness technology to expand district health support services, building a low-cost and easily accessible health platform for the elderly and grassroots families. It is an approach well worth other organizations emulating.”

Non-invasive Screening Helps the General Public in Early Identification of Multiple Potential Health Risks

To encourage citizens to take the first step toward self-health management, approximately 300 free screening slots were reserved during the event, allowing people in need to experience a range of non-invasive, rapid and precise AI health screening, and to receive personalized health reports and expert interpretation on the spot. Visitors took part in non-invasive thematic areas across seven exploration zones, covering liver and kidney metabolism, cardiovascular, cerebrovascular and retinal condition, blood glucose and metabolic risks, cell vitality and inflammation, musculoskeletal and postural health assessments, stress and mental balance, as well as hearing and blood pressure. After completing the journey, LIVE4WELL shared with participants a comprehensive body report that clearly presented their individual health indicators and risk assessments.

The event also featured more than 20 free expert health talks, attended by a cumulative total of nearly 500 participants, covering topics such as chronic disease prevention, nutrition, sleep, emotional well-being and mind-body health, reflecting the public’s increasingly keen demand for proactive self-health management.

From the Causeway Bay Pilot to a Health Vision for All 18 Districts

Held at the SOGO Causeway Bay store, “Purple Wellness Day” was LIVE4WELL’s first pilot scheme in bringing health technology into the community. Demonstrating at one of the city’s busiest commercial landmarks, the event exemplified how professional health management services can be seamlessly integrated into everyday life. Looking ahead, LIVE4WELL hopes to extend this successful model to all 18 districts of Hong Kong, deepening collaboration with community organizations such as District Councils, Care Teams, residents’ associations and district service groups to widen the reach of preventive healthcare. LIVE4WELL is actively connecting with more enterprises and brands that share its vision, so that through corporate social responsibility (CSR) initiatives and in its positioning as a digital health partner, it can contribute to Hong Kong’s primary healthcare development and realize the vision of “boosting health for all 18 districts”.

Aligning with Hong Kong’s First Five-Year Plan to Jointly Build a Forward-Looking Healthy City

In recent years, the Hong Kong Government has continued to strengthen primary healthcare services, promote preventive healthcare, and enhance community-based support for the elderly and of chronic diseases in its Policy Addresses and long-term healthcare planning. As Hong Kong formulates its First Five-Year Plan and proactively aligns with the National 15th Five-Year Plan, LIVE4WELL, as a community force, is also committed to contributing its strengths through concrete action. LIVE4WELL believes that AI- and data-driven preventive healthcare technology, coupled with the strengths of the private sector and the community, can complement the public healthcare system. When the public achieves “early detection, early management”, the pressure on the public healthcare system can be gradually alleviated, enabling a sustainable health ecosystem for Hong Kong.

To build a healthier city in the long run, LIVE4WELL recommends progressively introducing inflammatory markers as a new dimension of health monitoring, building on existing health screening. Chronic inflammation is often closely associated with chronic diseases such as diabetes, hypertension, and cardiovascular disease. Continuous tracking of inflammatory markers allows high-risk individuals to be identified early and followed up in a timely manner, easing the long-term healthcare pressure on Hong Kong.

Given that many citizens have a certain degree of resistance to, or psychological burden associated with, invasive tests such as blood draws, LIVE4WELL believes that the authorities should make good use of AI health assessment tools and roll out non-invasive community outreach screening to raise public participation. Combining existing screening with comprehensive health data analysis would help forecast healthcare demand. LIVE4WELL further recommends that the authorities continue to promote collaboration between Chinese and Western medicine to strengthen Hong Kong’s preventive healthcare system.

LIVE4WELL encourages the public to make good use of wearable devices to continuously track their personal health data, in step with the Government’s promotion for collaboration between Chinese and Western medicine — putting into practice the preventive care approach of “Chinese medicine for prevention, Western medicine for treatment” where TCM-based recuperation works hand-in-hand with Western medical diagnosis and treatment.

High resolution photos HERE

Photo captions:

Photo 1: Mr. LEE Man-lung, Joey, MH, Chairman of Centre Stage Squarer and Wan Chai District Council Member (center); Mr. Leo ZHUANG, Co-founder, LIVE4WELL (left); Ms. Miranda WONG, Co-founder, LIVE4WELL (right) pictured at “Purple Wellness Day”.

Photo 2: Ms. Miranda WONG, Co-founder, LIVE4WELL, delivered a speech at the “Purple Wellness Day”.

Photo 3:Mr. LEE Man-lung, Joey, MH, Chairman of Centre Stage Squarer and Wan Chai District Council Member, delivered a speech at the “Purple Wellness Day”.

Photo 4: LIVE4WELL reserved free screening slots to allow the public to experience first-hand a range of non-invasive, rapid and precise AI health screening, and to receive personalized health reports and expert interpretation on the spot.

Photo 5: The hearing test was popular among various screenings, with many elderly welcoming the chance to better understand their own hearing ability.

Photo 6: Health talks were held during the event, delivered by experts from various sectors, exploring topics such as preventive healthcare, chronic disease management, health management and social care.

Hashtag: #LIVE4WELL #預防醫學 #PurpleWellnessDay #PreventiveHealthcare #AI

The issuer is solely responsible for the content of this announcement.

About LIVE4WELL

LIVE4WELL is Hong Kong’s leading innovative health management platform and Asia’s first health ecosystem that integrates preventive healthcare, artificial intelligence, and behavioral incentives. Through combining a suite of international medical-grade health screening devices with its proprietary AI motion capture technology, the platform delivers comprehensive dynamic health assessments and provides personalized health management solutions.

The platform’s flagship product, “VIV PASS,” revolutionizes health management by establishing personal health baselines, leveraging AI-powered health data analytics, delivering personalized exercise prescriptions, supplement recommendations and providing 24/7 health monitoring. LIVE4WELL innovatively combines health management with reward mechanisms through its Sweat Point system and WELLshop ecosystem, embodying the “Move to Earn” philosophy that transforms healthy behaviors into tangible rewards.

Laos Considers VAT Exemption to Subsidize Electricity for Low-Income Households

By
Thongsavanh Souvannasane
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This photo is used for representational purpose only.

Laos’ National Assembly (NA) is considering a proposal to exempt subsidized residential electricity from Value-Added Tax (VAT) as the government looks for ways to ease living costs for low-income households.

The Standing Committee raised the proposal during its monthly meeting on 6-7 August.

According to the NA, the VAT exemption would support a subsidy policy for low-income electricity users, building on measures introduced by the government over the past year.

However, authorities have not yet disclosed details of the proposed subsidy or said when it could take effect.

The proposal comes as households continue to face high electricity costs and broader economic pressures.

Electricity Costs

Laos currently applies a 10 percent VAT rate to electricity users for domestic and general consumption. 

The government has previously adjusted VAT as part of efforts to ease pressure on households. It cut the rate from 10 percent to 7 percent in January 2022 as pandemic relief before restoring it to 10 percent in March 2024.

Electricity prices have also been rising under a 2025-2029 tariff roadmap designed to gradually increase rates and help address the financial needs of state-owned Electricity of Laos (EDL).

Under the roadmap, household electricity rates are set to increase gradually through 2029.

By December, the lowest tier, 0 to 25 kilowatt-hours (kWh), will rise from LAK 807 (USD 0.03 in August) to LAK 850 (USD 0.04) per unit, while the highest tier, over 1,500kWh, will climb from LAK 1,946 (USD 0.08 in August) to LAK 2,086 (USD 0.09)..

The proposed VAT exemption would reduce the tax applied to electricity covered by the subsidy, although the government has yet to explain which households would qualify or how the policy would work.

Xe Lanong 1 Hydropower to Release Water as Flood Risks Rise Across Laos

By
Phoudasack Vongsay
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A picture of the location of Xe Lanong 1 Dam marked as stars and the direction of water flows for Xe Lanong river. (Photo by Hobo Maps)

Xe Lanong 1 Hydropower Dam in Savannakhet is expected to begin releasing water from 11 August as heavy rain increases inflows into the reservoir, raising flood risks for downstream communities.

According to a notice from the hydropower company on 8 August, heavy rain is expected in the dam’s catchment area between 9 and 12 August.

The company expects water flowing into the reservoir to rise from about 650 cubic metres per second to as much as 4,000 cubic metres per second. Water releases could potentially cause downstream water levels to rise significantly.

Following the announcement, the Savannakhet Provincial Administration instructed authorities in nine downstream districts to warn residents in riverside and low-lying areas to prepare for possible flooding.

Officials urged communities to move livestock, farming equipment, boats and other valuables to higher ground and remain alert for further updates.

Rivers already above danger levels

The warning comes as several rivers across Laos have already reached or exceeded danger levels.

Water monitoring data released on 9 August showed the Xe Champhone River in Savannakhet had risen to 8.08 metres, above its 8-metre danger level.

The Xe Bangfai River in Khammouane Province also exceeded its danger level, reaching 15.89 metres at the Mahaxay monitoring station, above the 15-metre threshold.

At the Xe Bangfai Bridge monitoring station, water levels reached 20.86 metres, exceeding the 20-metre warning level.

In response, Nam Theun 2 Power Company said on 9 August that it had temporarily suspended electricity generation and stopped releasing water into the Xe Bangfai River from 7 August to help reduce downstream flood risks.

The company said the measure followed a sharp rise in river levels after several days of continuous rain and would remain in place until conditions improve.

Flood and landslide risks

The Department of Meteorology and Hydrology has also issued a flood and landslide alert for 9 to 10 August.

In Savannakhet, Phin, Thapangthong and Vilabouly districts are among the areas considered at high risk because of expected heavy rainfall.

Other high-risk areas include parts of Houaphanh, Luang Prabang, Khammouane and Salavan provinces.

Phongsaly, Luang Namtha, Xaysomboun, Vientiane and Bolikhamxay are under moderate risk of flash floods and landslides.

Authorities have urged residents and local administrations in affected areas to stay alert and closely monitor weather updates and official warnings.

Flood risks are also expected to increase along parts of the Mekong River.

According to the Mekong River Commission, water levels in some areas are forecast to reach alarm levels between 11 and 14 August.

Alarm levels are expected in Vientiane on 11 August, followed by Thakhek in Khammouane Province and Pakse in Champasak Province on 12 August.

SOHU.COM REPORTS SECOND QUARTER 2026 UNAUDITED FINANCIAL RESULTS

By
Advertorial Desk
-

BEIJING, Aug 10, 2026 /PRNewswire/ — Sohu.com Limited (NASDAQ: SOHU) (“Sohu” or the “Company”), a leading Chinese online media platform and game business group, today reported unaudited financial results for the second quarter ended June 30, 2026.

Second Quarter Highlights[1]

  • Total revenues were US$136 million, up 7% year-over-year and down 4% quarter-over-quarter.
  • Marketing services revenues were US$15 million, down 3% year-over-year and up 21% quarter-over-quarter.
  • Online game revenues were US$116 million, up 10% year-over-year and down 7% quarter-over-quarter.
  • After giving effect to reversal of a tax expense of approximately US$13 million due to a reversal of uncertain tax positions, GAAP net income attributable to Sohu.com Limited was US$0.2 million, compared with a net loss of US$20 million in the second quarter of 2025 and a net loss of US$4 million in the first quarter of 2026.
  • After giving effect to reversal of a tax expense of approximately US$13 million due to a reversal of uncertain tax positions, non-GAAP[2] net income attributable to Sohu.com Limited was US$0.5 million, compared with a net loss of US$20 million in the second quarter of 2025 and a net loss of US$4 million in the first quarter of 2026.

[1] Changyou’s wholly-owned subsidiary Shanghai Jingmao Culture Communication Co., Ltd. (“Shanghai Jingmao”), which operated Changyou’s cinema advertising business, ceased operations and commenced bankruptcy proceedings during the third quarter of 2019. During the third quarter of 2023, Shanghai Jingmao’s bankruptcy proceedings were concluded by a Chinese mainland bankruptcy court, and the Company accordingly recognized a disposal gain within discontinued operations in the condensed consolidated statements of operations. During the second quarter of 2026, as a result of the Company’s receipt of a further distribution of Shanghai Jingmao’s insolvent assets, the Company recognized an additional disposal gain of US$1 million within discontinued operations in the condensed consolidated statements of operations. Unless indicated otherwise, results presented in this press release are related to continuing operations only, and exclude the disposal gain mentioned above.

[2] Non-GAAP results exclude share-based compensation expense. Explanation of the Company’s non-GAAP financial measures and related reconciliations to GAAP financial measures are included in the accompanying “Non-GAAP Disclosure” and “Reconciliations of Non-GAAP Results of Operation Measures to the Nearest Comparable GAAP Measures.”

Dr. Charles Zhang, Chairman and CEO of Sohu.com Limited, commented, “In the second quarter of 2026, our marketing services revenues, online game revenues and bottom-line performance all exceeded our previous guidance. For the Sohu media platform, we continued to refine our products and host diverse events and activities to stimulate communication and interaction among users, which further strengthened the platform’s social features and promoted its vigorous and healthy development. Leveraging our differentiated content and events, we were able to address advertisers’ needs and continued to explore diversified monetization opportunities. For our online games, we remained committed to our long-term operation strategy and continued to launch diverse content updates to deliver rich and engaging experiences for game players.”

Second Quarter Financial Results

Revenues

Total revenues were US$136 million, up 7% year-over-year and down 4% quarter-over-quarter.

Marketing services revenues were US$15 million, down 3% year-over-year and up 21% quarter-over-quarter.

Online game revenues were US$116 million, up 10% year-over-year and down 7% quarter-over-quarter.

Cost of Revenues

Both GAAP and non-GAAP total cost of revenues were US$29 million, up 2% year-over-year and down 3% quarter-over-quarter.

Both GAAP and non-GAAP cost of marketing services revenues were US$13 million, up 3% year-over-year and 6% quarter-over-quarter.

Both GAAP and non-GAAP cost of online game revenues were US$14 million, down 5% year-over-year and 13% quarter-over-quarter.

Operating Expenses

Both GAAP and non-GAAP operating expenses were US$125 million, up 4% year-over-year and 6% quarter-over-quarter.

Operating Loss

GAAP operating loss was US$18 million, compared with an operating loss of US$22 million in the second quarter of 2025 and an operating loss of US$7 million in the first quarter of 2026.

Non-GAAP operating loss was US$18 million, compared with an operating loss of US$22 million in the second quarter of 2025 and an operating loss of US$6 million in the first quarter of 2026.

Income Tax Expense/(Benefit)

Both GAAP and non-GAAP income tax benefit was US$7 million, compared with income tax expense of US$9 million in the second quarter of 2025 and income tax expense of US$7 million in the first quarter of 2026. For the second quarter of 2026, income tax benefit included reversal of a tax expense of approximately US$13 million due to a reversal of uncertain tax positions.

Net Income/(Loss)

GAAP net income attributable to Sohu.com Limited was US$0.2 million, or net income of US$0.01 per fully-diluted American depositary share (“ADS,” each ADS representing one Sohu ordinary share), compared with a net loss of US$20 million in the second quarter of 2025 and a net loss of US$4 million in the first quarter of 2026.

Non-GAAP net income attributable to Sohu.com Limited was US$0.5 million, or net income of US$0.02 per fully-diluted ADS, compared with a net loss of US$20 million in the second quarter of 2025 and a net loss of US$4 million in the first quarter of 2026.

Liquidity and Capital Resources

As of June 30, 2026, cash and cash equivalents, short-term investments and long-term time deposits totaled approximately US$1.2 billion.

Supplementary Information for Changyou Results[3]

Second Quarter 2026 Operating Results

  • For PC games, total average monthly active user accounts[4] (MAU) were 2.6 million, an increase of 10% year-over-year and a decrease of 5% quarter-over-quarter. Total quarterly aggregate active paying accounts[5] (APA) were 1.0 million, an increase of 5% year-over-year and a decrease of 5% quarter-over-quarter. The year-over-year increase in MAU was mainly from Changyou’s PC game Tian Long Ba Bu (“TLBB”): Return, which was launched during the third quarter of 2025.
  • For mobile games, total average MAU were 1.7 million, a decrease of 13% year-over-year and 2% quarter-over-quarter. Total quarterly APA were 0.2 million, a decrease of 24% year-over-year and 11% quarter-over-quarter. The year-over-year and quarter-over-quarter decreases in MAU and APA were mainly due to the natural decline of some of Changyou’s older games.

[3] “Changyou Results” consist of the results of Changyou’s online game business and its 17173.com Website.

[4] Monthly active user accounts refers to the number of registered accounts that are logged in to these games at least once during the month.

[5] Quarterly aggregate active paying accounts refers to the number of accounts from which game points are utilized at least once during the quarter.

Second Quarter 2026 Unaudited Financial Results

Total revenues were US$117 million, an increase of 9% year-over-year and a decrease of 7% quarter-over-quarter. Online game revenues were US$116 million, an increase of 10% year-over-year and a decrease of 7% quarter-over-quarter.

Both GAAP and non-GAAP total cost of revenues were US$14 million, a decrease of 5% year-over-year and 11% quarter-over-quarter.

Both GAAP and non-GAAP operating expenses were US$47 million, an increase of 14% year-over-year and 8% quarter-over-quarter. The year-over-year and quarter-over-quarter increases were mainly due to an increase in licensing fees related to product development.

GAAP operating profit was US$55 million, compared with US$50 million for the second quarter of 2025 and US$65 million for the first quarter of 2026.             

Non-GAAP operating profit was US$56 million, compared with US$51 million for the second quarter of 2025 and US$66 million for the first quarter of 2026.

Recent Development

Sohu today announced that on August 8, 2026 its board of directors amended the period of Sohu’s previously-announced share repurchase program by removing the previous end date of November 10, 2026 and authorizing repurchases under the program to continue on an open-ended basis until the maximum authorized amount is reached. As previously announced, Sohu may purchase up to US$150 million of the outstanding ADSs of Sohu from time to time under the program at Sohu’s management’s discretion at prevailing market prices in accordance with Rule 10b-18 and Rule 10b5-1 under the Securities Exchange Act of 1934. Sohu’s management will continue to determine the timing and amount of any purchases of ADSs based on their evaluation of market conditions, the trading price of ADSs and other factors. The share repurchase program may be suspended or discontinued at any time.

As of August 6, 2026, Sohu had repurchased 9.4 million ADSs for an aggregate cost of approximately US$124 million under the program.

Business Outlook

For the third quarter of 2026, Sohu estimates:

  • Marketing services revenues to be between US$14 million and US$15 million; this implies an annual increase of 3% to 10%, and a sequential decrease of 1% to 8%.
  • Online game revenues to be between US$105 million and US$115 million; this implies an annual decrease of 29% to 35%, and a sequential decrease of 1% to 10%.
  • Both non-GAAP and GAAP net loss attributable to Sohu.com Limited to be between US$13 million and US$23 million.

For the third quarter 2026 guidance, the Company has adopted a presumed exchange rate of RMB6.81=US$1.00, as compared with the actual exchange rate of approximately RMB7.13=US$1.00 for the third quarter of 2025, and RMB6.84=US$1.00 for the second quarter of 2026.

This forecast reflects Sohu’s management’s current and preliminary view, which is subject to substantial uncertainty.

Non-GAAP Disclosure

To supplement the unaudited consolidated financial statements presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”), Sohu’s management uses non-GAAP measures of gross profit, operating profit/(loss), net income/(loss), net income/(loss) attributable to Sohu.com Limited and diluted net income/(loss) attributable to Sohu.com Limited per ADS, which are adjusted from results based on GAAP to exclude the impact of share-based compensation expense. These measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, GAAP results.

Sohu’s management believes excluding share-based compensation expense from the Company’s non-GAAP financial measures is useful for itself and investors. Further, the impact of share-based compensation expense could not be anticipated by management and business line leaders, and these expenses were not built into the annual budgets and quarterly forecasts that have been the basis for information Sohu provides to analysts and investors as guidance for future operating performance. As share-based compensation expense does not involve subsequent cash outflow and is not reflected in the cash flows at the equity transaction level, Sohu does not factor in its impact when evaluating and approving expenditures or when determining the allocation of its resources to its business segments. As a result, in general, the monthly financial results for internal reporting and any performance measures for commissions and bonuses are based on non-GAAP financial measures that exclude share-based compensation expense.

The non-GAAP financial measures are provided to enhance investors’ overall understanding of Sohu’s current financial performance and prospects for the future. A limitation of using non-GAAP gross profit, operating profit/(loss), net income/(loss), net income/(loss) attributable to Sohu.com Limited, and diluted net income/(loss) attributable to Sohu.com Limited per ADS excluding share-based compensation expense is that this expense has been and can be expected to continue to recur in Sohu’s business. In order to mitigate these limitations Sohu has provided specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying tables include details on the reconciliation between the GAAP financial measures that are most directly comparable to the non-GAAP financial measures that have been presented.

Notes to Financial Information

Financial information in this press release other than the information indicated as being non-GAAP is derived from Sohu’s unaudited financial statements prepared in accordance with GAAP.

Safe Harbor Statement

This announcement contains forward-looking statements. It is currently expected that the Business Outlook will not be updated until release of Sohu’s next quarterly earnings announcement; however, Sohu reserves right to update its Business Outlook at any time for any reason. Statements that are not historical facts, including statements about Sohu’s beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, instability in global financial and credit markets and its potential impact on the Chinese economy; exchange rate fluctuations, including their potential impact on the Chinese economy and on Sohu’s reported U.S. dollar results; fluctuations in Sohu’s quarterly operating results; the possibilities that Sohu will be unable to recoup its investment in content and will be unable to develop a series of successful games for mobile platforms or successfully monetize mobile games it develops or acquires; and Sohu’s reliance on marketing services offerings and online games for its revenues. Further information regarding these and other risks is included in Sohu’s annual report on Form 20-F for the year ended December 31, 2025, and other filings with and information furnished to the U.S. Securities and Exchange Commission.

Conference Call and Webcast

Sohu’s management team will host a conference call at 7:30 a.m. U.S. Eastern Time, August 10, 2026 (7:30 p.m. Beijing/Hong Kong time, August 10, 2026) following the quarterly results announcement. Participants can register for the conference call by clicking here, which will lead them to the conference registration website. Upon registration, participants will receive details for the conference call, including the dial-in numbers and a unique access PIN. Please dial in 10 minutes before the call is scheduled to begin.

The live Webcast and archive of the conference call will be available on the Investor Relations section of Sohu’s website at https://investors.sohu.com/.

About Sohu

Sohu.com Limited (NASDAQ: SOHU) was established by Dr. Charles Zhang, one of China’s internet pioneers, in the 1990s. Sohu operates one of the leading Chinese online media platforms and also engages in the online game business in the Chinese mainland. Sohu has built one of the most comprehensive matrices of Chinese language web properties, consisting of Sohu News App, Sohu Video App, the mobile portal m.sohu.com, the PC portal www.sohu.com, and the online games platform https://www.changyou.com/en/.

As a mainstream media platform with social features, Sohu is indispensable to the daily life of millions of Chinese, providing to a vast number of users a network of web properties and community based products, which offer a broad array of content, such as news and information, in the form of text, picture, video, and live broadcasting. Sohu also attracts users to actively engage in content generation and distribution, and actively interact with each other on the platform. Sohu’s online game business is conducted by its subsidiary Changyou, which develops and operates a diverse portfolio of PC and mobile games, such as the well-known TLBB PC and Legacy TLBB Mobile.

For investor and media inquiries, please contact:

Sohu.com Limited
Ms. Pu Huang
Tel:     +86 (10) 6272-6645
E-mail: ir@contact.sohu.com

Christensen Advisory 
E-mail: sohu@christensencomms.com 

 

 

 

SOHU.COM LIMITED

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED, IN THOUSANDS EXCEPT PER SHARE AMOUNTS)

Three Months Ended

Jun. 30, 2026

Mar. 31, 2026

Jun. 30, 2025

Revenues:

    Marketing services

$

15,179

$

12,560

$

15,624

    Online games

116,171

124,567

105,994

    Others

4,190

4,157

4,649

Total revenues

135,540

141,284

126,267

Cost of revenues:

Marketing services

13,400

12,583

12,979

Online games

13,829

15,899

14,544

Others 

1,727

1,326

768

Total cost of revenues

28,956

29,808

28,291

Operating expenses:

Product development

68,894

61,883

58,824

Sales and marketing (includes share-based compensation
expense of nil, $nil, and $1, respectively) 

43,801

42,850

48,545

General and administrative (includes share-based
compensation expense of $296, $244, and $352,
respectively)

12,188

13,475

12,922

Total operating expenses

124,883

118,208

120,291

Operating loss

(18,299)

(6,732)

(22,315)

Other income, net

7,166

4,682

3,481

Interest income

5,718

5,995

7,570

Exchange difference

(1,224)

(1,318)

185

Income/(loss) before income tax expense

(6,639)

2,627

(11,079)

Income tax expense/(benefit)[6]

(6,874)

6,942

8,937

Net income/(loss) from continuing operations

235

(4,315)

(20,016)

Net income from discontinued operations[7]

734

–

–

Net income/(loss)

969

(4,315)

(20,016)

Net income/(loss) from continuing operations attributable to
Sohu.com Limited

235

(4,315)

(20,016)

Net income from discontinued operations attributable to
Sohu.com Limited

734

–

–

Net income/(loss) attributable to Sohu.com Limited

969

(4,315)

(20,016)

Basic net income/(loss) from continuing operations per
share/ADS attributable to Sohu.com Limited

$

0.01

$

(0.17)

$

(0.69)

Basic net income from discontinued operations per share/ADS
attributable to Sohu.com Limited

$

0.03

$

–

$

–

Basic net income/(loss) per share/ADS attributable to
Sohu.com Limited

$

0.04

$

(0.17)

$

(0.69)

Shares/ADSs used in computing basic net income/(loss) per
share/ADS attributable to Sohu.com Limited[8]

25,451

26,058

28,826

Diluted net income/(loss) from continuing operations per
share/ADS attributable to Sohu.com Limited

$

0.01

$

(0.17)

$

(0.69)

Diluted net income from discontinued operations per share/ADS
attributable to Sohu.com Limited

$

0.03

$

–

$

–

Diluted net income/(loss) per share/ADS attributable to
Sohu.com Limited

$

0.04

$

(0.17)

$

(0.69)

Shares/ADSs used in computing diluted net income/(loss) per
share/ADS attributable to Sohu.com Limited

25,451

26,058

28,826

[6]  For the second quarter of 2026, income tax benefit included reversal of a tax expense of approximately US$13 million due to a reversal of uncertain tax positions.

[7]  See footnote 1.

[8]  Each ADS represents one ordinary share.

 

 

 

SOHU.COM LIMITED

CONDENSED CONSOLIDATED BALANCE SHEETS 

(UNAUDITED, IN THOUSANDS)

As of Jun. 30, 2026

As of Dec. 31, 2025

ASSETS

Current assets:

           Cash and cash equivalents

$

116,224

$

128,308

           Short-term investments

716,752

702,372

           Accounts receivable, net

37,450

43,335

           Prepaid and other current assets 

99,677

93,903

Total current assets

970,103

967,918

Fixed assets, net

248,436

246,263

Goodwill

10,257

10,257

Long-term investments, net

44,560

43,939

Intangible assets, net

3,941

4,692

Long-term time deposits

328,756

350,659

Other assets

11,531

12,325

Total assets

$

1,617,584

$

1,636,053

LIABILITIES 

Current liabilities:

           Accounts payable 

$

37,062

$

36,215

           Accrued liabilities

97,461

95,430

           Receipts in advance and deferred revenue

54,866

54,878

           Accrued salary and benefits

44,752

55,018

           Taxes payables

11,472

15,571

           Other short-term liabilities

76,068

76,601

Total current liabilities

$

321,681

$

333,713

Long-term other payables

3,385

2,896

Long-term tax liabilities

8,142

21,051

Other long-term liabilities

264

322

Total long-term liabilities

$

11,791

$

24,269

                         Total liabilities

$

333,472

$

357,982

SHAREHOLDERS’ EQUITY:

          Sohu.com Limited shareholders’ equity

1,283,768

1,277,727

          Noncontrolling interest

344

344

                     Total shareholders’ equity

$

1,284,112

$

1,278,071

Total liabilities and shareholders’ equity  

$

1,617,584

$

1,636,053

 

 

 

SOHU.COM LIMITED

RECONCILIATIONS OF NON-GAAP RESULTS OF OPERATIONS MEASURES TO THE NEAREST COMPARABLE GAAP MEASURES

(UNAUDITED, IN THOUSANDS EXCEPT PER SHARE AMOUNTS)

Three Months Ended Jun. 30, 2026

Three Months Ended Mar. 31, 2026

Three Months Ended Jun. 30, 2025

GAAP

Non-GAAP
Adjustment

Non-GAAP

GAAP

Non-GAAP
Adjustment

Non-GAAP

GAAP

Non-GAAP
Adjustment

Non-GAAP

Operating expenses

$

124,883

$

(296)

(a)  $

124,587

$

118,208

$

(244)

(a)  $

117,964

$

120,291

$

(353)

(a)  $

119,938

Operating loss

$

(18,299)

$

296

(a)  $

(18,003)

$

(6,732)

$

244

(a)  $

(6,488)

$

(22,315)

$

353

(a)  $

(21,962)

Income tax expense/(benefit)[9]

$

(6,874)

$

–

$

(6,874)

$

6,942

$

–

$

6,942

$

8,937

$

–

$

8,937

Net income/(loss) before non-controlling
interest

$

235

$

296

(a)  $

531

$

(4,315)

$

244

(a)  $

(4,071)

$

(20,016)

$

353

(a)  $

(19,663)

Net income/(loss) from continuing
operations attributable to Sohu.com
Limited for diluted net  loss per
share/ADS

$

235

$

296

(a)  $

531

$

(4,315)

$

244

(a)  $

(4,071)

$

(20,016)

$

353

(a)  $

(19,663)

Net  income from discontinued
operations attributable to Sohu.com
Limited for diluted net  loss per
share/ADS[10]

$

734

$

–

$

734

$

–

$

–

$

–

$

–

$

–

$

–

Net income/( loss) attributable to
Sohu.com Limited for diluted net
income/( loss) per share/ADS

$

969

$

296

(a)  $

1,265

$

(4,315)

$

244

(a)  $

(4,071)

$

(20,016)

$

353

(a)  $

(19,663)

Diluted net income/(loss) from
continuing operations per share/ADS
attributable to Sohu.com Limited 

$

0.01

$

0.02

$

(0.17)

$

(0.16)

$

(0.69)

$

(0.68)

Diluted net income from discontinued
operations per share/ADS attributable to
Sohu.com Limited

$

0.03

$

0.03

$

–

$

–

$

–

$

–

Diluted net income/( loss) per
share/ADS attributable to Sohu.com
Limited

$

0.04

$

0.05

$

(0.17)

$

(0.16)

$

(0.69)

$

(0.68)

Shares/ADSs used in computing diluted
net income/( loss) per share/ADS
attributable to Sohu.com Limited

25,451

25,451

26,058

26,058

28,826

28,826

Note:

(a) Share-based compensation expense

[9]  See footnote 6.

[10]  See footnote 1.

 

 

 

Tencent Cloud Drives AI Adoption to Cultivate the Greater Bay Area’s Next Generation of Digital Talent

By
Advertorial Desk
-

Through AI platform tools such as CodeBuddy and WorkBuddy, Tencent Cloud is helping young people build their own “future teams”, unlock their innovation potential, and seize opportunities in the AI era

HONG KONG, Aug. 10, 2026 /PRNewswire/ — Tencent Cloud, the cloud business under Tencent, highlighted at the 8th Guangdong-Hong Kong-Macao Greater Bay Area Youth New Opportunities Forum, how artificial intelligence (AI) is helping cultivate a new generation of innovative talent, entrepreneurs and future leaders, supporting young people in seizing the Greater Bay Area’s development advantages and exploring greater possibilities in the AI era.


Organized by the Institute of Accountants Exchange, the forum brought together leaders from government, business, academia and the professional sectors, together with young talent from across the Greater Bay Area, to explore future trends in the region, discuss directions for youth development, and work together to build a better future of innovation.


“AI is profoundly transforming how the next generation learns, creates and leads,” said Freda Xu, Vice President of Marketing, Tencent Cloud and Smart Industries Group. “As AI agents and intelligent productivity tools mature, work that once required large teams or years of experience is becoming increasingly accessible. These tools free people from repetitive and time-consuming tasks so they can focus on higher-value work such as analysis, judgment and decision-making, while giving young people the opportunity to gain hands-on experience earlier in their careers. We believe AI is more than a tool for improving efficiency. It is also an important partner in driving innovation and nurturing future leaders. By harnessing AI technologies, young people can build their own ‘future teams’, unlock their creative potential, develop leadership and collaboration skills, and confidently embrace the new opportunities presented by the digital era.”

AI Adoption Accelerates: From Individual Innovation to Organizational Empowerment

As AI moves from proof-of-concept to real-world application, AI-driven tools are breaking down traditional technical barriers at an unprecedented pace, freeing innovation from the constraints of professional background. Tencent Cloud’s proprietary AI-assisted coding tool, CodeBuddy, is a case in point: originally built for engineers, it has since been adopted by more than 10,000 Tencent employees without a technical background, reflecting how AI is extending from professional coding into a far broader range of roles. This shift is significantly enhancing the practical capabilities of the younger generation. Even without deep programming expertise, young people can use AI to rapidly transform ideas into fully functional applications, helping them gain hands-on experience earlier in their careers, realize their innovative potential, and increasingly make AI an important partner in their personal and professional development.

Beyond coding, AI’s impact on everyday office work is equally significant, helping talent move from individual efficiency gains to organization-wide value creation. Tencent Cloud’s leading desktop AI agent, WorkBuddy, acts as a “digital colleague” — helping users handle time-consuming tasks such as research, data analysis and cross-platform operations, so they can focus on higher-value decision-making and significantly boost overall productivity.

This empowerment extends further to the organizational level. Through WorkBuddy, users can organize proven workflows and professional experience into dedicated ‘Skills’ and share them across a team. This not only improves team collaboration, but also turns individual professional know-how into a digital asset the organization can build on — helping companies retain institutional knowledge and pass on experience even as talent moves on.

This trend, where individual empowerment drives team-wide transformation, is also supported by market data. According to research firm Grand View Research, the global AI agent market is projected to grow from US$7.63 billion in 2025 to US$182.97 billion by 2033, at a compound annual growth rate (CAGR) of 49.6%. In China, adoption is expected to exceed 90% by 2030, underscoring how quickly the technology is being woven into business operations and everyday workflows, and positioning it as a key engine of industry innovation and productivity gains ahead.

Advancing AI Talent Development in the Greater Bay Area

Speaking at the forum, Xu described the opportunities available to Greater Bay Area youth today as an “exceptional set of advantages” for success. She noted that as global AI technology advances rapidly, young people in the Greater Bay Area also benefit from an internationally-connected legal and business environment, a globally-connected financial system, and a mature professional services ecosystem across the Asia-Pacific region — opening up greater room for growth.

Freda Xu, Vice President of Marketing, Tencent Cloud and Smart Industries Group
Freda Xu, Vice President of Marketing, Tencent Cloud and Smart Industries Group

She emphasized that amid the new landscape brought about by technological change, what truly matters is not the technology itself, but the ability to use it to create value. Capabilities such as international perspective, business acumen and strategic thinking, along with responsibility, collaboration and empathy, remain core strengths that AI cannot replace.

Meanwhile, Tencent Cloud continues to promote AI skills development among young talent across the Greater Bay Area through a diverse range of initiatives, including educational partnerships and developer programs, while encouraging young people to address social issues through technological innovation. This year, Tencent Cloud launched the Tencent Cloud Hackathon developer challenge series, featuring themes such as support for individuals with high-functioning autism, silver technology, and game creation. The competition encourages young people to leverage AI tools including CodeBuddy, WorkBuddy and Miora to express their creativity through games, animation and AI agents, while transforming innovative ideas into practical solutions with real-world impact.

The competition spans Chinese Mainland, Hong Kong and Macau SARs, as well as Southeast Asia, attracting more than 10,000 developers from around the world and generating over 1,000 innovative submissions. The strong participation highlights the younger generation’s potential to harness AI to solve real-world challenges and drive innovation.

Among the participating regions, the Hong Kong and Macau Demo Day and judging event will be held on August 18 at Inno Space in Hong Kong. Winning teams from the Hong Kong and Macau region will advance to the Tencent Cloud Hackathon Global Grand Final, where they will exchange ideas and learn from fellow young innovators and technology talent from different regions, showcasing the Greater Bay Area’s strengths in AI innovation and digital creativity.

As the Greater Bay Area continues to strengthen its position as a world-class innovation hub, Tencent Cloud will continue working with partners across education, the developer community, enterprises and society to help more young people seize opportunities in the AI era and make a greater impact on the global stage. At the same time, Tencent will continue investing in AI development and refining its AI ecosystem, leveraging core technologies such as the Tencent Hunyuan large model to provide developers and the next generation of innovative talent with more comprehensive models, platforms and infrastructure — jointly driving innovation and nurturing more outstanding talent.

About Tencent Cloud

Tencent Cloud is one of the world’s fastest-growing cloud service providers, committed to delivering innovative solutions that address everyday life and business challenges, and empowering the digital transformation of smart industries. Tencent Cloud has always upheld its mission to meet the needs of every industry, leveraging cloud computing, Big Data analytics, AI, IoT and cybersecurity, together with its extensive global infrastructure, to provide businesses with stable, secure and industry-leading cloud products and services across a wide range of sectors, including education, finance, healthcare, gaming, media and entertainment, property, retail, travel and transportation.

Manguning Hotels Advances Sustainable, Place-Led Hospitality Across Bali

By
Advertorial Desk
-

BALI, Indonesia, Aug. 10, 2026 /PRNewswire/ — Manguning Hotels is strengthening its commitment to responsible tourism by participating in the Eco Climate Badge verification program by Eco Tourism Bali, an independent sustainability assessment for hospitality businesses aligned with recognized global tourism standards. Through assessment and on-site verification, the program helps hotels review their environmental practices and identify practical improvements that support a more climate-conscious future for Bali.

Manguning: Place-led Hotel Management
Manguning: Place-led Hotel Management

This participation reflects a practical effort to strengthen environmental responsibility across the Manguning Hotels portfolio while supporting a more thoughtful and satisfying guest experience. The verification process gives each property a clearer framework to review existing practices, identify areas for improvement, and develop more consistent sustainability standards over time.

Three properties within the Manguning Hotels portfolio have received Eco Climate Badge recognition. Shore Amora Canggu achieved Gold, Terra Sayan received Silver, and Desa Oculus earned Bronze. These achievements represent different stages of each property’s sustainability journey and encourage continued improvement across hotel operations.

Manguning Hotels is a Boutique Hotel Management in Bali built around a place-led approach. Instead of applying one standardized concept to every location, the company develops hotels whose architecture, atmosphere, experiences, and stories are shaped by their surroundings. This allows every property to express a distinct relationship with the culture, landscape, and rhythm of its destination.

Manguning Hotels currently manages six distinctive properties across Bali: Shore Amora, Amora Ubud, Desa Oculus, Pakubon, Terra Sayan, and The Craft Hotel. Each one is shaped by its location, offering travellers a different way to experience the island.

Guests searching for a Hotel in Canggu can discover Shore Amora, a design-led lifestyle retreat near Pererenan Beach, featuring its own rice field within the resort and easy access to Canggu’s dining and coastal scene.

For those looking for a Hotel in Kintamani, Desa Oculus and Pakubon offer two highland experiences inspired by the landscape and culture of Mount and Lake Batur. Desa Oculus focuses on views, wellness, and local connection, while Pakubon offers privacy for couples, families, and groups. Travellers seeking a Hotel in Ubud can choose Amora Ubud for romance, Terra Sayan for a nature-led stay, or The Craft Hotel for art and creativity.

Through place-led hospitality and verified sustainability efforts, Manguning Hotels helps guests enjoy Bali with greater meaning and comfort, while supporting a more responsible future for the island, one thoughtful stay and one distinctive destination at a time.

CONTACT: 
Arie | Marketing Manager
arie@manguning.com
+6281138218941

KUAISHOU GAMING WINS AT THE HONOR OF KINGS WORLD CUP AT ESPORTS WORLD CUP 2026 AS PACKED GLOBAL ESPORTS SEASON HITS FULL SWING

By
Advertorial Desk
-
  • Kuaishou Gaming (KSG) have won the prestigious Honor of Kings World Cup at Esports World Cup 2026 (KWC at EWC26), taking home the lion’s share of the $3,000,000 prize pool
  • The 2026 Honor of Kings esports season is in full swing with the second half of the year set to feature the Honor of Kings International Championship, Esports Nations Cup, Asian Games, and much more 

PARIS, Aug. 10, 2026 /PRNewswire/ — The Honor of Kings World Cup at the Esports World Cup 2026 (KWC at EWC26) has officially concluded with Kuaishou Gaming (KSG) emerging victorious in a close Grand Final. The tournament marked a landmark moment, with Honor of Kings and Arena of Valor teams competing on an international stage for the first time at the Esports World Cup. 

Kuaishou Gaming defeated AG.AL 4:3 to claim the championship, with the final going all the way to the ultimate battle. KSG.JuHao was crowned FMVP after a standout performance in the Grand Final. In the third-place match, Geekay Esports swept ROC Esports 3:0.



“With an increasingly diverse international tournament calendar, deeper cross-regional competition and the global reach of the Esports World Cup, Honor of Kings is evolving. It is becoming a catalyst for the growth of mobile esports worldwide, connecting players, regions and communities to shape the future of a truly global mobile esports ecosystem. ” said Jackie Huang, Head of Honor of Kings Global Esports, TiMi L1 Studio, Tencent Games.

A Strong First Half of 2026

The first half of 2026 has seen Honor of Kings continue to expand its competitive ecosystem, creating more opportunities for players at every level. The season kicked off with NOVA Esports claiming victory at the Honor of Kings Invitational Season 4 (KIS4), while the Honor of Kings Women’s Series 3 (KWS3) ran alongside the event, with HYVE All Star emerging victorious after an impressive tournament run.

With the Honor of Kings World Cup now concluded, the action continues into a packed second half of the year, with regional, international and grassroots competitions set to take place across the globe before the season culminates at the 2026 Honor of Kings International Championship (KIC2026).

The Road Ahead: Honor of Kings Esports in the Second Half of 2026

2026 Honor of Kings International Championship (KIC2026)

The year will culminate in the 2026 Honor of Kings International Championship (KIC2026) in December, bringing together the world’s 16 best teams for another premier global showdown.

KIC2026 will provide one of the year’s biggest stages for international competition, as teams battle for global glory and the chance to close out 2026 as Honor of Kings world champions.

Asian Games & Esports Nations Cup (ENC)

The Asian Games 2026, taking place from September 27–28 in Nagoya, will feature Honor of Kings as an official medal event, marking another milestone in esports’ integration into the global sporting landscape.

Later in the year, Honor of Kings at 2026 Esports Nations Cup (Short name: HOK at ENC 26) will take place from November 24–29 in Riyadh, Saudi Arabia, bringing together 24 teams from around the world. Both events will celebrate national pride, allowing players to represent their countries and compete for international glory.

Regional Professional Leagues & Honor of Kings Women’s Series (KWS)

Regional Professional Leagues will enter their Fall season, with teams battling across the Indonesia Kings Laga (IKL), Malaysia Honor of Kings League (MKL), Philippine Kings League (PKL), Honor of Kings Brazil Championship (CHOKBR), and Honor of Kings Major League (KML).

The Honor of Kings Women’s Series 4 (KWS4) will run from September to October alongside the Fall Leagues, with more than 36 teams expected to compete before an offline final. The KWS4 World Championship will follow in December alongside KIC2026.

Regional Grassroots Tournaments & Campus Tournaments

Grassroots and campus competition will continue in the second half of 2026, including the Honor of Kings Open Series. The Honor of Kings Open Series Split 6 ran across July and August, serving as the pathway to the Regional Pro Leagues. 

The HOK Campus Series (KCS) will also run from August to October across Malaysia, the Philippines and Indonesia, with more than 30,000 participants expected. Meanwhile, the HOK Campus Series Future (KCS Future) will take place from July to November at more than 16 secondary schools across Indonesia, attracting more than 2,400 participants and offering a total prize pool of over IDR 60 million.


For more information on Honor of Kings esports news and updates, be sure to follow the game’s official social channels:

Instagram:@HoK Esports
Facebook: @HoK Global Esports
X: @HoK Esports
YouTube: @HoK Esports
Twitch: @HoK Esports
TikTok:@HoK Esports

About Honor of Kings

Developed by TiMi Studio Group, Honor of Kings has become the world’s most-played MOBA. In 2025, the combined MAU of Honor of Kings titles surpassed 260 million. Featuring highly detailed and diverse character and battlefield design plus music created by world renowned composers including Hans Zimmer, Joe Hisaishi, and Howard Shore, Honor of Kings immerses players in a unique and colorful universe. Honor of Kings prides itself on being free to play and fair to win, with success determined by players’ skills and tactics. Honor of Kings is also home to a thriving esports ecosystem supporting competitive play from grassroots amateurs to elite professionals. To learn more about Honor of Kings, follow on Twitter, Facebook, Youtube, Instagram, TikTok or visit the official website of Honor of Kings.

About Level Infinite

Level Infinite is Tencent’s global games brand, dedicated to delivering engaging and original gaming experiences to a worldwide audience, whenever and wherever they choose to play. The brand also provides a wide range of services and resources to a network of developers and partner studios around the world to help them unlock the potential of their games. Level Infinite is both publisher of breakout hit games like PUBG MOBILE, Honor of Kings and Goddess of Victory: NIKKE and a collaborative partner in games such as Dune: Awakening from Funcom, Warhammer 40K: Darktide and many more. To learn more about Level Infinite, visit www.levelinfinite.com.

Akeso Advances IO2.0 + ADC2.0 Strategy: First Patient Dosed in Phase II Study of TROP2/Nectin-4 Bispecific ADC (AK146D1) Combined with Ivonescimab in Breast Cancer

By
Advertorial Desk
-

HONG KONG, Aug. 10, 2026 /PRNewswire/ — Akeso, Inc. (9926.HK) (“Akeso” or the “Company”)  announced that the first patient has been dosed in a Phase II clinical study (AK146D1-202) evaluating AK146D1, the Company’s internally developed TROP2/Nectin-4 bispecific antibody-drug conjugate (bsADC), in combination with ivonescimab (the Company’s PD-1/VEGF bispecific antibody), for the treatment of advanced breast cancer.

This study aims to explore the potential of Akeso’s “IO2.0 + ADC2.0” regimen in advanced breast cancer, with a particular focus on first-line treatment of HR+/HER2- breast cancer and triple-negative breast cancer (TNBC).

Breast cancer is the second most common malignancy worldwide, with approximately 2.3 million new cases diagnosed annually. Advances in molecular subtype-guided precision medicine—including targeted therapies, immunotherapies, and ADCs—have improved outcomes for patients with certain subtypes. Nevertheless, substantial opportunities remain to enhance both efficacy and safety. Persistent challenges such as resistance in later-line settings, limited availability of effective agents, and marked tumor heterogeneity continue to create significant and urgent unmet clinical needs. These include the limited efficacy of immuno-oncology approaches in PD-L1-negative patients and in those who develop resistance to anti-PD-1 therapy, as well as the safety constraints of ADCs that restrict both therapeutic benefit and the number of treatment lines that can be administered. Exploring novel targets, optimizing combination strategies, and identifying predictive biomarkers for efficacy and resistance remain critical priorities in breast cancer research.

Ivonescimab, a first-in-class PD-1/VEGF bispecific antibody, has shown strong clinical results compared to PD-1 inhibitor-based therapies across multiple Phase III studies. AK146D1 is a next-generation ADC candidate that has demonstrated potent antitumor activity and a favorable safety profile in early clinical studies. The combination of AK146D1 and ivonescimab has the potential to improve clinical efficacy while maintaining a manageable safety profile, potentially expanding treatment options for patients with advanced breast cancer.

Guided by its IO2.0 + ADC2.0 strategy, Akeso is driving the continuous evolution of treatment paradigms for major malignancies such as non-small cell lung cancer and breast cancer.

In the immuno-oncology field, Akeso has two approved bispecific antibodies for cancer treatment. The Company is actively evaluating ivonescimab and cadonilimab in combination with its proprietary next-generation ADC candidates. Increasingly, global partners recognize both ivonescimab and cadonilimab as preferred agents for combination regimens and breakthrough therapy explorations across a wide spectrum of tumor types.

In the ADC space, Akeso has built a differentiated pipeline of next-generation candidates, including AK146D1, AK138D1, AK157D1, and AK158D1 (a bispecific ADC), which are currently in clinical development. These agents are designed to address the narrow therapeutic window and safety limitations commonly associated with first-generation ADCs.

Building on the encouraging Phase II clinical data of ivonescimab in breast cancer, a Phase III study evaluating an ivonescimab-based combination as first-line treatment for TNBC is currently underway. In addition to AK146D1, Akeso is also conducting a Phase Ib/II study of its next-generation HER3 ADC (AK138D1) in combination with ivonescimab.

Akeso’s IO2.0 + ADC2.0 strategy utilizes multi-target and multi-mechanism combinations to harness the synergistic advantages of its pipeline assets. The Company is building a broad portfolio of combination therapies across multiple subtypes and treatment lines in major cancers. This approach seeks to improve clinical outcomes, address resistance challenges, and provide more effective treatment options for patients with advanced breast cancer.

Looking ahead, Akeso continues to advance additional IO2.0 + ADC2.0 combination therapies across a growing range of high incidence tumor indications.

About AK146D1 (TROP2/Nectin4 Bispecific ADC)

AK146D1 is an innovative bispecific antibody-drug conjugate (bsADC) developed by Akeso. It is composed of a bispecific antibody that simultaneously targets TROP2 and Nectin4, conjugated via a cleavable MC-AAA linker (maleimide-alanine-alanine-alanine) to the topoisomerase I inhibitor DXd.

Early research results indicate that AK146D1 for injection demonstrates potent biological activity and a favorable safety profile. A Phase II clinical study evaluating AK146D1 in combination with cadonilimab and ivonescimab for the treatment of multiple solid tumors is currently underway. This study represents an important component of Akeso’s IO2.0 + ADC2.0 strategy.

About Akeso
Akeso (HKEX: 9926.HK) is a leading biopharmaceutical company committed to the research, development, manufacturing and commercialization of the world’s first or best-in-class innovative biological medicines. Founded in 2012, Akeso has built a comprehensive R&D innovation ecosystem anchored by its proprietary Tetrabody antibody technology platform, AI-powered drug R&D platform, Dual-Shield ADC technology platform, Dual-Lock T-cell engager (TCE) technology platform, Tissue-Smart siRNA/mRNA technology platform, and cell therapy technology platforms.

Backed by world-class GMP manufacturing facilities and a highly efficient, integrated commercialization system, Akeso has developed into a globally competitive biopharmaceutical enterprise. Leveraging its fully integrated, multi-functional platform, the company maintains a robust pipeline of more than 50 innovative assets targeting cancer, autoimmune diseases, inflammation, metabolic disorders, and other major therapeutic areas. Of these, 27 candidates have advanced into clinical trials—including 15 bispecific or multispecific antibodies and bispecific ADCs—and 8 innovative drugs have reached commercial stage.

Through efficient and groundbreaking R&D, Akeso integrates premier global resources to develop transformative medicines, deliver high-quality, affordable therapeutic antibodies to patients worldwide, and generate sustained commercial and societal value as it strives to become a global leader in biopharmaceutical innovation.

Forward-Looking Statements
This announcement by Akeso, Inc. (9926.HK, “Akeso”) contains “forward-looking statements”. These statements reflect the current beliefs and expectations of Akeso’s management and are subject to significant risks and uncertainties. These statements are not intended to form the basis of any investment decision or any decision to purchase securities of Akeso. There can be no assurance that the drug candidate(s) indicated in this announcement or Akeso’s other pipeline candidates will obtain the required regulatory approvals or achieve commercial success. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements.

Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of pharmaceutical industry regulation and health care legislation in the P.R. China, the United States and internationally; global trends toward health care cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; Akeso’s ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the Akeso’s patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions.

Akeso does not undertake any obligation to publicly revise these forward-looking statements to reflect events or circumstances after the date hereof, except as required by law.

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