Cheetah Mobile Inc ( ?????? ) is a Chinese mobile Internet company headquartered in Beijing, China.
Be a creator for some of the most popular global mobile apps, with over 634 million monthly active users as of January 2017.
Video Cheetah Mobile
History
Formation
The company was founded in 2010 as a merger of Kingsoft Security and Conew Image, and grew to become the second largest provider of Internet security software in China, according to iResearch. The company is located in 1st Yaojiayuan South Rd, Chaoyang District, Beijing, China.
Initial public offering
In 2014, Cheetah Mobile launched an IPO that sold 12 million American Depositary Shares at a price of US $ 14 per share, and thus raised US $ 168 million. The IPO is managed by Morgan Stanley, JP Morgan Chase & amp; Co., and Credit Suisse Group. Kingsoft and Tencent are the main investors in Cheetah Mobile, each holding 54% and 18%.
Post IPO
By the end of 2015, Cheetah Mobile announced that it has entered into a global strategic partnership with Yahoo. The company includes Yahoo search and native ad platforms within its own app. As a result, Cheetah Mobile stated that revenue generated from Yahoo increased 30 percent each day in the first two weeks.
In February 2016, Cheetah Mobile and Cubot launched CheetahPhone, an Android-based 6.0 Marshmallow smartphone, at MWC in Barcelona, ​​Spain.
Acquisitions
On August 2nd, 2016, Cheetah Mobile announced the acquisition of a French startup company, News Republic, for $ 57 million. News Republic is a news aggregator.
Maps Cheetah Mobile
Products
Regardless of the popularity of its Clean Master Android App, it was reported in 2014 that ads promoting the Clean Master manipulate Android users with deceptive tactics when browsing websites within the app ad framework. In April 2014, Ferenc LÃÆ'¡szlÃÆ'³ Nagy of Sophos Labs caught several pop-up ads pointing to the Clean Master, warning that the device had been infected with the virus.
In July 2014, Cheetah Mobile encourages users to remove Google Chrome and replace it with their own Cheetah Mobile browser during Clean Master's cleaning and optimization process. This practice allows Cheetah Mobile to gain an unfair position in the market and lead to Google's crackdown.
References
External links
- Cheetah Mobile
Source of the article : Wikipedia
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