Kingsoft, Huaduo Group Sign Online Game Cooperation Agreement

Kingsoft Corporation Limited signed a joint operation framework agreement for games with Huaduo Group.

Cheetah Mobile Acquires Hong Kong Online Marketing Company For USD30 Million

Cheetah Mobile, a subsidiary of Kingsoft, announced that the company has reached an agreement with Zoom Interactive, a Hong Kong online marketing company, on a full acquisition for USD30 million. The USD30 million consideration will reportedly include USD20 million in cash and about USD4 million in Cheetah Mobile restricted class A ordinary shares. In addition, […]

China’s Shanda To Sell 41% Of Ku6 Stake

Shanda Media, the controlling shareholder of Ku6, will sell a 41% stake in this Internet video company to Xu Xudong, founder and controlling shareholder of Sky Profit. Sky Profit is registered in Cayman Islands and it operates iSpeak, a social platform that allows users to engage in real-time online group activities through voice, text and […]

Tencent To Acquire Additional Stake In Kingsoft Network For USD46.98 Million

Kingsoft Corporation Limited recently published a report, stating that the company will acquire an addition stake in Kingsoft Network along with Tencent, with USD46.98 million additional investment from Tencent and USD5.22 million from Kingsoft Corporation.

Kingsoft Establishes New Chinese Network Cloud Security Subsidiary

Chinese software provider Kingsoft Network unveiled its new private cloud security system, which belongs to its newly established subsidiary Kingsoft Security System Company.

Kingsoft Cloud Group Unveils Enterprise Online Storage Service

Kingsoft Cloud Group, the cloud computing subsidiary of China-based Kingsoft, has marked its formal entry into the enterprise market with a new service to help companies store their data online.

China’s Kingsoft Invests CNY100 Million To Help Search Engines Fight Phishing

Chinese Internet security company Kingsoft Network has announced plans to invest CNY100 million to establish a search security laboratory.

Kingsoft’s New Browser Sets Up Battle For Web Access In China

Chinese Internet security company Kingsoft Network announced that its secured web browser has formally started public beta tests.

Kingsoft Network Begins Recruiting Beta Testers For Chinese Web Browser

Kingsoft Network has reportedly launched its Web browser initiative and the new product is currently undergoing beta testing.

China’s Baidu, Kingsoft Team For Internet Translation

Chinese search engine company Baidu and translation software provider Kingsoft Ciba have jointly announced that they reached cooperation in Internet translation technology and contents.

China’s Tencent, Kingsoft Form Game Alliance

Chinese tech titans Tencent and Kingsoft will soon begin operating their online games together.

Chinese Internet Security Report Claims Viruses Decreased In 2011

Chinese Internet security company Kingsoft published its latest Chinese Internet security report, stating that the number of new viruses decreased in 2011 while the attacks targeting Internet shopping in China continued to surge.

Kingsoft Network To Invest CNY30 Million For Cloud Security Platform

Kingsoft Network, the Chinese company established by the merger of Kingsoft Internet Security Software Holdings Limited and Keniu Network, has announced plans to invest CNY30 million in a project named “Cloud Shield”, and it will formally open the API of its cloud security platform to partners.

Kingsoft, Tencent Join Baidu’s Chinese Internet Ethics Cleansing Campaign

Chinese Internet companies Kingsoft and Tencent have announced their intentions to join Baidu’s recently launched campaign to make the Chinese Internet a safer place.

China’s Kingsoft Integrates Keniu To Form Kingsoft Network

Kingsoft Internet Security Software Holdings Limited, the Internet security subsidiary of Kingsoft, has announced that it has merged with Keniu Network, a Chinese security software provider, and formed an independent company named Kingsoft Network.

Zhongguancun Cloud Computing Industry Alliance Founded In Beijing

Zhongguancun Cloud Computing Industry Alliance has been set up as a measure for Beijing’s construction of a world-class cloud computing industry base.

Kingsoft To Enter European And North American Game Markets In 2011

According to Wang Donghui, chief financial officer of Kingsoft, the company plans to enter the European and the North American game markets with two online games in 2011, and the company predicted its revenue from the overseas markets will account for 20% of its total revenue in the next two years.

Baidu Sobar, Kingsoft Iciba Jointly Launch Internet Translation Service In China

With Google’s prospects in China greatly diminished, search engine rival Baidu has seized the opportunity to push its online supremacy higher with the unveiling of an enhanced translation tool.

China’s Kingsoft Sets Up New Department For Game Clients

Chinese software and game developer Kingsoft has established a new business department and the company has launched a new online game client platform service.

Shanda Games CEO Jumps Ship In China After Online Game Acquisition Spree

Shanda Games Limited announced over the weekend that Diana Li has resigned as the company’s chief executive officer and a member of the board of directors to pursue other interests.