Qihoo 360 Technology Co., Ltd.

Qihoo 360 Technology Co., Ltd.

Qihoo 360 Technology Co., Ltd.

Overview
Date Founded

2005

Headquarters

Room 112, Block D, Desheng Park,No. 28 Xinjiekou Outer Street,Xicheng District,Beijing 100088

Type of Company

Private

Employees (Worldwide)

5,001 - 10K

Industries

Internet Software & Services
Other Business & Consulting Services
Safety & Security Services
IT Consulting & Services
Computer Software

Company Description

Qihoo 360 Technology Co. Ltd. (Qihoo 360) is a leading Internet platform company in China as measured by active user base. At the end of March 2012, we had about 411 million monthly active Internet users, according to iResearch. Recognizing security as a fundamental need of all Internet and mobile users, we have built our large user base by offering comprehensive, effective and user-friendly Internet and mobile security products and services to protect users' computers and mobile devices against malware and malicious websites. Our products and services are supported by our cloud-based security technology, which we believe is one of the most advanced and robust technologies in the Internet security industry. We also provide users with two very important secure access points to Internet: web browsers and app store. We currently monetize our massive user base primarily through offering online advertising and Internet value-added services.

Executives & Employees

Co-Founder

Chairman of the Board, Chief Executive Officer, Co-Founder

Co-Chief Financial Officer

Chief Financial Officer

Chief Operating Officer

Chief Strategy Officer

Chief Business Officer

Chief Engineer

General Counsel

Board of Directors

Founder at 360 Security Technology, Inc.

Founder & Partner at TBP Investment Advisory (HK) Ltd.

Chief Strategy Officer at JD.com, Inc.

Chief Engineer at Qihoo 360 Technology Co., Ltd.

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Qihoo 360 Technology Co., Ltd.
Recent Transactions
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SJEC Corp. purchases Qihoo 360 Technology Co., Ltd. from New China Capital Management LP, Sequoia Capital China Advisors (Hong Kong) Ltd., Golden Brick Capital Management Ltd., Tianjin Qixin Zhicheng Technology Co., Ltd.

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Qihoo 360 Technology Co., Ltd., Golden Brick Capital Management Ltd. purchase Panda TV

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Qihoo 360 Technology Co., Ltd., Qianxin Technology HK Co., Ltd. purchase Beijing NetentSec, Inc. from Highland Capital Partners LLC, Sumitomo Corp. Equity Asia Ltd., Duilong Deqing Xingchen Venture Capital Co., Ltd

Transaction Advisors
Legal Advisor

Advised onNew China Capital Management LP, Sequoia Capital China Advisors (Hong Kong) Ltd., Qihoo 360 Technology Co., Ltd. /Private Group purchase Qihoo 360 Technology Co., Ltd.

Underwriter

Advised onQihoo 360 Technology Co., Ltd. issued USD American Depositary Shares (ADS)

Underwriter

Advised onQihoo 360 Technology Co., Ltd. issued USD American Depositary Shares (ADS)

Legal Advisor

Advised onQihoo 360 Technology Co., Ltd. purchases Shanghai MediaV Advertising Co., Ltd.

Advisors & Consultants
Legal Advisor

Global General Counsel & Senior Vice President-Legal, Compliance & Risk Management at Zhejiang Ant Financial Services Group Co., Ltd.

Advisor

Former Investment Manager at China International Capital Corp. Ltd. (Broker)

Advisor

Partner at Beijing Alphax Partners Co., Ltd.

Clients

NetEase, Inc. is a leading China-based Internet technology company that pioneered the development of applications, services and other technologies for the Internet in China. NetEase’s online communities and personalized premium services have established a large and stable user base for the NetEase websites, which are operated by its affiliates. In particular, NetEase provides online game services to Internet users, offering in-house developed games such as Fantasy Westward Journey, Westward Journey Online II, Westward Journey Online III, Tianxia III, Heroes of Tang Dynasty, Datang, Ghost, Soul of the Fighter and Kung Fu Master, as well as the licensed Blizzard Entertainment games World of Warcraft® and StarCraft® II.

SINA Corp. engages in the provision of online and mobile media services. It operates through the following segments: SINA Portal, Weibo, and Others. The SINA Portal segment offers automobile, fast-moving consumer goods, Internet, financial, information technology, and telecommunication services. The Weibo segment focuses on the marketing and development of the social media platform, Weibo. The Others segment includes mobile value added services; and other services. The company was founded in March 1999 and is headquartered in Shanghai, China.

ChinaNet Online Holdings, Inc. engages in providing advertising, precision marketing, online to offline sales channel expansion and the related data services to small and medium enterprises. Its services include percision marketing, data analysis, member points management and other value added services. The company was founded by Han Dong Cheng and Zhi Ge Zhang in 2003 and is headquartered in Beijing, China.

Key Stats and Financials As of
Market Capitalization
$9.46B
Total Enterprise Value
Earnings Per Share
Investments
Details Hidden

Beijing Mengwoai Network Technology Co. Ltd. develops, research & development mobile game. It application Meng Wo Ai provides international game platform for users. The company was founded by Ren Yu Xiang and is headquartered in Beijing, China.

Details Hidden

Beijing Unisound Information Technology Co., Ltd. focuses on the artificial-intelligence (AI) services of the Internet of Things and engages in the research and development of intelligent speech recognition AI technology. The company was founded by Jia En Liang on June 29, 2012 and is headquartered in Beijing, China.

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Beijing Weinute Technology Co. Ltd. is a company headquartered in Beijing, China, that engages in research and development of industrial safety products. It was founded in 2014 by Yu Zhao and Guo Dong Long.

Investors
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Redpoint Ventures focuses on investments in companies with disruptive technologies in the following sectors: broadband infrastructure, enterprise systems/software, interactive media/content/advertising, consumer Internet services/applications, mobile platforms and applications, semiconductor materials/devices, energy, alternative energy and clean technology. The firm targets companies that are seeking to create new markets or redefine existing markets. They invest at the seed stage, in the first round of institutional financing or in revenue-generating companies seeking growth capital. Redpoint Ventures prefers to be the lead investor or a co-lead and to play an active role in their portfolio companies.

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Chairman & General Manager at 360 Security Technology, Inc.

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Golden Brick Capital Management Ltd. engages in the provision of private equity investment services. The company was founded by Billy Ngok on August 15, 2014 and is headquartered in Hong Kong.

Suppliers
China Mobile Ltd. Wireless Telecommunications | Hong Kong, Hong Kong

China Mobile Limited (the "Company", and together with its subsidiaries, the "Group") was incorporated in Hong Kong on 3 September 1997. The Company was listed on the New York Stock Exchange ("NYSE") and The Stock Exchange of Hong Kong Limited ("HKEx" or the "Stock Exchange") on 22 October 1997 and 23 October 1997, respectively. The Company was admitted as a constituent stock of the Hang Seng Index in Hong Kong on 27 January 1998. As the leading mobile services provider in Mainland China, the Group boasts the world's largest mobile network and the world's largest mobile customer base. In 2012, the Company was once again selected as one of the "FT Global 500" by Financial Times and "The World's 2,000 Biggest Public Companies" by Forbes magazine, and was again recognized on the Dow Jones Sustainability Indexes ("DJSI"). The Company currently has a corporate credit rating of Aa3/Outlook Positive from Moody's Investor Service and AA-/Outlook Stable from Standard & Poor's, equivalent to China's sovereign credit rating respectively.

China Telecom Corp. Ltd. Beijing, China

China Telecom Corp. Ltd. engages in the provision of wireline and mobile telecommunications services. Its products and services include voice, Internet, telecommunications network resource services and lease of network equipment, information and application services, and other related services. The company was founded on September 10, 2002 and is headquartered in Beijing, China.

China Unicom (Hong Kong) Ltd. Holding Companies | Hong Kong

China United Network Communications Group Co.,Ltd ("China Unicom") was officially established on 6 January 2009 on the basis of the merger of former China Netcom and former China Unicom. It has subsidiaries in 31 provinces (autonomous regions and municipalities) across China and many countries and regions around the world. It is the only Chinese telecom operator listed on the stock exchanges in New York, Hong Kong and Shanghai. As of the end of 2008, the total assets of the Company reached 500.09 billion yuan and the number of employees stood at 463,000. With a modern communications network characterized by nationwide coverage and global reach, China Unicom mainly operates fixed and mobile communications service, domestic and international communications facilities, satellite IPLC service, data communications service, network access service, value-added telecom services and system integration service related to information and communications services. On 7 January 2009, China Unicom was granted a WCDMA license. By the end of 2008, China Unicom had 273 million subscribers, among which the broadband subscribers totaled 30.16 million, GSM subscribers 133 million and fixed-line (including PHS) subscribers 109 million. China Unicom was among the Top 500 in the world in terms of its revenue, and ranked in the top of the world leading telecom operators in terms of its customer base and market capitalization of its listed company. Aiming at providing comprehensive and high-quality broadband communications and information services for customers, China Unicom has been speeding up the construction of mobile communications network, strengthening the development of fixed broadband network, and promoting broadband-based fixed and mobile networks. Committed to raising its overall competitiveness and sustainable development capacity and becoming a world leading provider of broadband communications and information services, China Unicom will further enhance the development of its services, expand its business scope and improve the quality of service while adhering to the market-oriented and customer-focused principle and emphasizing the development of mobile broadband Internet services.

Competitors
Tencent Holdings Ltd. Cable, Satellite, and Radio Telecommunications - Shenzhen, China

Founded in November, 1998, Tencent has grown into one of China's largest and most used Internet service portal. Since its establishment over the last decade, Tencent has maintained steady growth under its user-oriented operating strategies. On June 16, 2004, Tencent Holdings Limited (SEHK 700) went public on the main board of the Hong Kong Stock Exchange. It is Tencent's mission to enhance the quality of human life through Internet services. Presently, Tencent is providing value-added Internet, mobile and telecom services and online advertising under the strategic goal of providing users with "one-stop online lifestyle services". Tencent’s leading Internet platforms in China – QQ (QQ Instant Messenger), QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay – have brought together China's largest Internet community, to meet the various needs of Internet users including communication, information, entertainment, e-commerce and others. As of Sep 30, 2011, the active QQ users accounts for QQ IM amounted to 711.7 million while its peak concurrent users reached 145.4 million. The development of Tencent has profoundly influenced the ways hundreds of millions of Internet users communicate with one another as well as their lifestyles. It also brings possibilities of a wider range of applications to the China’s Internet industry. Looking forward, Tencent remains committed to enhancing its development and innovation capabilities while strengthening its nationwide branding for its long term development. More than 50% of Tencent employees are R&D staff. Tencent has obtained patents relating to the technologies in various areas: instant messaging, e-commerce, online payment services, search engine, information security, gaming, and many more. In 2007, Tencent invested more than RMB100 million in setting up the Tencent Research Institute, China's first Internet research institute, with campuses in Beijing, Shanghai, and Shenzhen. The institute focuses on the self-development of core Internet technologies, in pursuing its development and innovation for the industry. Tencent's long term vision is to become the most respected Internet enterprise. In order to fulfill corporate social responsibilities and to promote civil Internet communities, Tencent has been actively participating in public charity programs. In 2006, Tencent inaugurated the Tencent Charity Fund, the first charity foundation set up by a Chinese Internet enterprise, and the public charity website gongyi.qq.com. The website focuses on youth education, assisting impoverished communities, care for the disadvantaged, and disaster relief. Tencent has currently begun a number of public charity projects across China. It strives to help build a harmonious society and to become a good corporate citizen

Sohu.com Ltd. Internet Software & Services - Beijing, China

Sohu.com Ltd. provides a network of web properties and community based/Web 2.0 products which offer the vast Sohu user community a broad array of choices regarding information, entertainment and communication. It also provides multiple news and information services on mobile platforms, including Sohu News App and the mobile news portal m.sohu.com. The company was founded on April 19, 2018 and is headquartered in Beijing, China.

Baidu Schools & Student Services - Beijing, China

Baidu was founded in 2000 by Internet pioneer Robin Li, creator of visionary search technology Hyperlink Analysis, with the mission of providing the best way for people to find what they’re looking for online. Over the past decade we have strived to fulfill this mission by listening carefully to our users’ needs and wants. To provide intelligent, relevant search results for the tens of billions of queries that are entered into our search platform every day, we focus on powering the best technology optimized for up-to-date local tastes and preferences. Our deep understanding of Chinese language and culture is central to our success and this kind of knowledge allows us to tailor our search technology for our users’ needs. Just to cite one example, we believe there are at least 38 ways of saying "I" in the Chinese language. It is important that we recognize these nuances to effectively address our users’ requests. We provide our users with many channels to find and share information. In addition to our core web search product, we power many popular community-based products, such as Baidu PostBar, the world’s first and largest Chinese-language query-based searchable online community platform, Baidu Knows, the world’s largest Chinese-language interactive knowledge-sharing platform, and Baidu Encyclopedia, the world’s largest user-generated Chinese-language encyclopedia, to name but a few. Beyond these marquee products we also offer dozens of helpful vertical search-based products, such as Maps, Image Search, Video Search, News Search, and many more. We power these through our cutting-edge technology, continually innovating to enhance these services. Our new Box Computing Open Platform brings users deep-linked content and even applications they can use directly through their search box. We believe that Box Computing will dramatically improve people’s search experience and become ubiquitous across all Internet devices including computers and mobile platforms. In addition to serving individual users, we also serve as a media platform for online marketing customers. Our business model is mainly based on a performance-oriented marketing platform for businesses to cost effectively reach relevant Internet users. We offer performance-based online marketing services and display advertisements through both Baidu organic websites and our affiliated websites (our Union business). Our affiliated websites lead traffic to us through integrating a Baidu search box into their sites and/or by displaying relevant contextual promotional links for our customers. The majority of our revenue is derived from performance-based online marketing services and our customers pay on a cost per click basis – that is, our customers only pay when their paid-link is clicked through and they get the “lead”. Our goal is to give our customers an online marketing platform that has a wide range of functions which they can use to meet their marketing needs and an extensive selection of tools for managing their accounts as well as data for analyzing and optimizing ROI. To best serve our customers, our sales efforts consist of direct sales teams in first tier cities and third-party distributors in lower tier cities. This allows us to better penetrate each market and tailor our support and personal interaction based on customers’ needs. Today, our online marketing platform serves hundreds of thousands of small- and medium-sized enterprises (SMEs) and many branded multinational customers. The measurable ROI offered by our online marketing platform has made it one of the most effective marketing platforms for companies targeting the Chinese market. We will continue to strive to provide an extra level of value-added sales and customer service to address a wide range of customer needs. Our focus is to help the market continue to develop and educate the many companies who don’t understand the benefits of search engine marketing so that we can help them grow their businesses.

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