360 executives say they will stop using Google search to use their own search technology

Tencent Science and Technology (Lotte) August 22 News, 360 company CFO Xu Zuori recently said, will stop Google Search service as the default search engine, to switch to its own technology. Users can still choose Google search engine, but will need to switch from the default search engine to use Google services.

360 company Chairman Zhou Hongyi points out that 360 has recently introduced personalized recommendations and integrated search capabilities, providing users with more convenient options for finding the online services and content they need. We are confident that the products and services launched early this year will continue to enhance our profitability over the next few quarters. ”

Qihoo 360 President Xiangdong added: "We will continue to concentrate resources on product and technology development, especially mobile internet, cloud services and search." We believe that these efforts will support the long-term development of the company and create long-term value for shareholders. ”

Qihoo 360 launched its new search engine service last week and entered the Chinese search engine market, which has been ruled by Baidu for more than 80%. Boosted by Qihoo 360 's ad revenue growth, the company expects its third-quarter revenue to rise 71% to 73% from $81 million to $82 million, more than the average forecast of 77.8 million dollars by market analysts.

"Investors have realized that, over time, Baidu's bottom line will end up being significantly negatively affected by the competition of Qihoo 360," said Kevin Paragon, an investment firm based in New York, Capita fund manager. Qihoo 360 's search engine could soon erode Baidu's market share. ”

is currently in the process of converting it to the 360 Web site and browser default search engine. The 360 shares closed up 4% to 21.1 dollars on the same day. The market is worried that Qihoo 360 will intensify competition in the Chinese search market, thereby affecting Baidu's revenue, Baidu's share price fell 5.74% in Tuesday, creating the biggest single day decline in 10 months.

　　

It is reported that Baidu has taken to establish a security alliance and other ways to beware of 360 further attacks. In addition, the current 360 search "question and answer" option to the default jump to Baidu know, in the jump to Baidu know, Baidu will be on the page above prompts users should Baidu set as the home page. Baidu prompts users: "You are through the ' odd Tiger search ' access to Baidu know, if you want to get a complete quality Baidu search experience, you can set the Baidu homepage or Baidu to add to the desktop. ”

When using Google, Sogou, search search engines such as "Baidu Know" and enter, Baidu did not have a hint to users. With 2345 of such web site navigation default Baidu know search, Baidu also did not prompt users. Baidu's tip is meant to be targeted specifically at Qihoo 360.