Qihoo 360 confirms to zdnet the partnership with Google
Qihoo 360 has confirmed to ZDNet the company's cooperation with Google, but declined to give more details, according to ZDNet.
Qihoo has long been rumored to be working with Google in search business. Zhou Hongyi previously said that Qihoo 360 is willing to open the mind in Google, Microsoft and Sogou cooperation. Earlier this week, Bloomberg also cited the news of analyst Wedge partner that the Tiger might be working with Google in early 2013. In addition, the market research company ABR investment strategy The 2013 fiscal year search business revenue forecast from 62 million U.S. dollars to 90 million U.S. dollars, and the target share price from 30 U.S. dollars to 32 U.S. dollars, is driven by the partnership with Google.
This August, Qihoo 360 released a search engine that sparked "300 wars". In a few weeks, Qihoo gained 10% per cent of the market. After that, Qihoo is likely to seek commercialization in this area. Stifel Nicolaus earlier reports that several companies are willing to help 360 of the search advertising platform 360-point marketing platform to open accounts, Qihoo can use this according to customer demand to provide keyword purchase services.
Tencent Technology quoted the industry sources said that Google had hoped to Soso to contain Baidu, to avoid the Chinese search engine market too single, and now with Qihoo 360 cooperation is based on the same considerations.