Major education and Qihoo 360 to reach strategic cooperation and set up joint ventures.

Today, the education announced that with Qihoo 360 strategic cooperation, the two sides jointly funded the establishment of joint venture-Sun Rabbit (Beijing) Technology Co., Ltd., focus on online education in the field of expansion.

The start-up fund for the newly established joint venture is 30 million, and Li Junyi, vice president of Learning Education, will be the CEO of the new company, and the CEO Jinxin will be the chairman and legal representative of the new company. Qihoo 360 co-founder and president of Xiangdong, Qihoo 360 senior Vice President Yu Guangdong will be the new company director.

It is understood that the new company will be the first to develop a mobile end of the product, may be aimed at K12 personalized learning. Among them, the general provides content and education resources, Qihoo 360 will provide technical and Internet resources.

Education and Qihoo 360 cooperation is "Internet companies + Education giants", with the former New Oriental and Tencent joint venture to create similar forms. Education was founded in September 2001, is a leading enterprise of traditional education. Last year, the introduction of e-learning platform, the transformation of O2O Internet education, the current number of millions of users. And Qihoo 360 's This collaboration shows the pace of online education after the layout.

(Update ....) ）