6 Mar / 2017

360 and forright capital invested 100 million investment led mobile magic

news February 20th, announced the day before the magic Mobi mobile tool developers, completed a $100 million financing in the near future, by the Qihoo 360 and forright capital investment area completed. However, Tencent technology can not confirm the specific amount of financing.

 

mobile magic as a company focused on mobile application software development and global issue of the promotion of science and technology enterprises, was founded in 2013.

Including the 360 security international edition, dozens of mobile applications mobile

‘s magic, one of the core products of 360 Security has 300 million users worldwide, mostly from the United States, Europe, Japan, South Korea, India and other markets.

at the beginning of 2015, won the 360 Kunlun World Wide Web and mobile magic executive Wang Liwei a person over $80 million joint investment. 360 holding mobile magic, Wang Liwei holding 40%, since then, Wang Liwei from the Kunlun World Wide Web with a team into mobile magic.

to the end of 2015, 360 Security had hit a record breaking $500 thousand in advertising revenue. 360 CEO Zhou Hongyi said in 360 years, the internationalization of business was far behind the company, after the substitutions international business split into two companies.

is the 360 dominant, but we found a very good entrepreneurs to do CEO, in a year’s time in the international arena has been rapid business development. 360 internationalization has a 360 Security product, the retention rate of more than 30 days of 30%."

mobile is equivalent to another magical cooperation and the 360 Kunlun world wide web. Not long ago, the world wide web in Kunlun and 360 have just jointly invested $1 billion 200 million acquisition of overseas browser manufacturer Opera, which, Kunlun invested $168 million, $48 million invested $360.

Leave a Reply

Your email address will not be published. Required fields are marked *