Tag Archives: bidu

Qihoo Aims For Leaner Spending, New Security Products

As sizzling competition roils China’s huge Internet market, Qihoo 360 Technology plans to continue to expand its mobile search service and introduce next-generation security products while also throttling back its spending growth rate. Qihoo (QIHU), China’s largest Internet security provider and its No. 2 search provider behind Baidu (BIDU), early Monday posted Q2 earnings that beat expectations but added that its operating profit margin fell due

Qunar Growth Among Mobile Users Accelerates In Q2

Qunar Cayman Islands (QUNR) stock rose Friday after the China online travel firm’s Q2 earnings late Thursday showed strong acceleration in mobile users. The company, majority owned by China online search leader Baidu (BIDU), reported Q2 revenue of $64.5 million, up 127% from the year-earlier quarter and above the analyst consensus estimate of $56 million. But the company also reported a per-share loss minus items of 27 cents, more than the 25-cent

Qunar Mobile Revenue Soars As China Travel Heats Up

Qunar Cayman Islands’ (QUNR) second-quarter revenue jumped as mobile revenue soared more than 500%, sending shares up late Thursday. The Chinese travel company, which is majority held by Baidu (BIDU), reported a 127% jump in Q2 revenue to $64.5 million. Analysts polled by Thomson Reuters were expecting $56 million. Qunar lost 57 cents per American Depositary Share, or 19 cents per ordinary share. Shares rallied nearly 7% in after-hours trading on