Zhou: Qihoo to push data storage cloud computing services

Zhou 祎 Beijing time May 27 Noon news, Qihoo 360 chairman Zhou said in Wednesday that the company plans to provide new services, including cloud computing, to increase revenue. Zhou said in an interview in Beijing on the same day that Qihoo 360 is developing data storage cloud computing services, but he did not disclose the specific timing of these services.　　Qihoo 360 has started selling technical support and maintenance services to computer users, he said. Qihoo 360 launched its IPO in the US in March this year, raising $202 million trillion.　　Zhou said Qihoo 360 would use the financing to make acquisitions to improve technology and expand the product line. Qihoo 360 reported its first-quarter earnings this week, benefiting from increased online advertising sales and the introduction of Web games, which has increased its revenue by more than one-fold. "We think of ourselves as an internet company, not just a security software company," Zhou said. "Qihoo 360 's user base is currently over 300 million, and they mainly download Qihoo 360 's free security software online."　　Zhou said Qihoo 360 would increase revenue by introducing new Internet services (such as group buying) and promoting advertising sales. Qihoo 360 's shares were closed at $26.48 in the NYSE in Wednesday, down 1.1% from the previous trading day, but up 83% per cent over the 14.50-dollar issue. The company's first-quarter revenue rose to $22.9 million, a $9.7 million trillion in the same period last year, after $26.7 million trillion in equity awards after the IPO, according to the earnings of Qihoo 360, released on May 24. "We think that security software, like search or instant messaging, is a basic infrastructure service that should be completely free," Zhou said. "(sailing)