Cheetah Mobile USA monthly active number should not be underestimated

Source: Internet
Author: User
Keywords USA Today Cheetah Mobile Cheetah Cleaning Master
Tags active users cleaning company data enterprises enterprises to google + market

According to USA Today, the number of Chinese startups going public in the United States has risen dramatically in the first half of this year - the quality of these Chinese companies' shares can not be underestimated - Ernst & Young's report states that U.S. investors have put China The company is considered a hot investment behind the U.S. domestic companies.

Ernst & Young's data report shows that China's startups raised 3.9 billion U.S. dollars in the six months, far exceeding the 3.3 billion U.S. dollars raised by European startups. This shows that China has become the new cradle of delivering innovative enterprises to the U.S. stock market.

The most typical representative is Cheetah Mobile (NYSE: CMCM) landing on the NYSE in May, a technology company from China that generates revenue primarily through advertising, gaming, mobile security and mobile optimization tools.

In San Francisco, the most famous one in the heart of the park, the reporter interviewed Cheats Mobile CEO Fu Sheng. He said: "Our products make your cell phone faster, easier and more secure."

Cheetah mobile star product Cheetah Clean Master (Clean Master) in the United States the largest mobile app store Google Play is very popular. Fu Sheng's main purpose of coming to San Francisco this time is to attend the 2014 Google Developers Conference at a distance of one street where reporters interviewed his park.

Liu Xinhua, Cheetah Mobile CMO who accompanied Fu Sheng, said his company is headquartered in Beijing but has more than 20 million Android monthly active users in the United States.

Cheetah Mobile said in its F-1 Securities Issue registration that its turnover more than doubled in the fourth quarter of 2013, an increase of 118%. Che Sheng Mobile CEO Fu Sheng said that advertising is the company's main source of revenue.

Cheetah Mobile's revenue growth figures are showing the great potential of its mobile strategy. The company has 362 million monthly active users worldwide, most of whom receive Cheetah Mobile products and services over PCs. Although mobile revenue accounts for less than one-fifth of Cheetah's total mobile revenue, its absolute value has surged tenfold and the future is full of imagination.

Thanks to this strategy, Cheetah Mobile turnover soared 160% last year, reaching 124 million U.S. dollars. The business growth model, which embodies the wisdom of the Chinese people, appears to have shown great power in the United States and in the global market.

Fu Sheng, a group of five people, impressed the reporters more than only with the in-depth team. During his time at the Moscone Convention Center, Fu Sheng exchanged cards with his two colleagues in a very easygoing manner.

Fu Sheng told reporters that "Cheetah Mobile to create a platform, rather than rely on paid applications to obtain revenue, you know, Chinese users are not willing to pay for the application."

Reporting Technology News For 18 years, I have only been interviewing CEOs of Chinese startups who can talk in English fluently - but for the first time I met Fu Sheng, I first agreed to an interview with a Chinese translator. Given the love of US technology investors for fast-growing Chinese companies, such an interview should not be the last for both of us.

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