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Market Cap of China's Listed Internet Firms Down 4.2% QoQ in Q1 2020
CAICT, 4/30/20
Battered by the COVID-19 pandemic in Q1 2020, total market cap of China's publicly traded Internet companies dropped 4.2% QoQ to RMB 11.10 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Up 18.3% QoQ in Q4 2019
CAICT, 1/14/20
Buoyed by a general rise in the global stock market in Q4 2019, total market cap of China's publicly traded Internet companies increased 18.3% QoQ to reach a record-high RMB 11.59 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Up 0.5% QoQ in Q3 2019
CAICT, 10/15/19
The market value of China's publicly traded Internet companies continued to fluctuate in Q3 2019 against the backdrop of ongoing Sino-US economic and trade frictions, reaching a total market cap of RMB 9.8 trln, up 0.5% QoQ, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
360 Security Unveils Smart Security System for Government, National Defense
Sina Tech, 5/17/18
Chinese internet services and security software provider 360 Security Technology Co., Ltd. (Qihoo 360) (601360.SH) recently announced a new "security brain" project at the 2nd World Intelligence Congress, under which the company plans to create a distributed smart security system combining artificial intelligence, big data, cloud computing, Internet of Things smart sensing, and blockchain technologies, to protect network security for government, national defense, critical infrastructure, society, cities, and individual users. Read More
Voice Recognition Firm Unisound Wins USD 100 Mln Series C
Jiemian, 5/11/18
Beijing-based voice recognition technology provider Yunzhisheng Information Technology (Unisound) recently announced completion of USD 100 mln in Series C funding led by Zhongdian Health Fund with participation by internet services and security software provider 360 Security Technology (Qihoo 360) (601360.SH), Shenzhen-based Qianhai Wutong M&A Fund Management, and Hanfor Capital Management. Read More
Rumor: Handset Brands Qihoo 360, Chuizi in Merger Talks
Tencent Tech, 3/02/18
Chinese internet services and security software provider 360 Security Technology (Qihoo 360)'s (601360.SH) handset business division and Beijing-based mobile OS developer and handset maker Chuizi Technology are reportedly discussing a merger, according to a source speaking with online media outlet Tencent Tech. Read More
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