Zhou: Mergers and acquisitions will stick to their own mergers and acquisitions in volume permitting

March 7 Morning News, Qihoo 360 chairman Zhou in the earnings conference call today when talking about mergers and acquisitions strategy, said 360 of mergers and acquisitions will be allowed under the circumstances, adhere to their own mergers and acquisitions strategy, not like many of the domestic internet giants like panic-type acquisitions.

"At present, China's Internet market mergers and acquisitions are very fierce, we will be in the market all possible opportunities for potential mergers and acquisitions to seriously study." But 360 the most important thing is whether a company has good products and technology, can effectively integrate the team, assets can use 360 platform to enlarge. Zhou says the team is the 360 most valued factor, as it is wasted to have no way to integrate the team.

"Recently China's Internet market is far more competitive than the U.S. Internet, the biggest difference is the U.S. Internet companies mergers and acquisitions technology and the future, Chinese internet company mergers and acquisitions is to carve out the mature market has been seen, and we most value the future but today may not be hot areas." Zhou concluded.

When asked about Alibaba's 3,601 stake, Zhou did not directly deny that he said: "I also often hear these shares rumors, yesterday, some people asked whether we want to invest in a listed company, these rumors expressed some kind of market expectations." ”

Zhou that the current Chinese Internet is the main mode of advertising, games and electric dealers, but 360 can not do what mode, the main focus is on the game's value-added services and search ads do a good job. "I've always thought it would be genetically determined to do one thing, 360 don't have the gene to do the electricity quotient, and the major Chinese electric dealer is our client, and I think that's a good relationship." ”

Turning to the recently popular Internet finance sector, Zhou revealed that 360 has done a lot of research, but now the way giants use the flow to sell funds is not a good model. "We should do the future of the field, not like the Giants what hot chase what, once found that the Internet financial real innovative mode, 360 will immediately enter." ”