Qihoo 360's IPO
Source: Agencies |
March 16, 2011, Wednesday
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Print Edition
Print Edition
QIHOO 360 Technology Co, China's No. 3 Internet company by user base, plans to raise up to US$200 million in an initial public offering, the company said in a filing with United States regulators on Monday.
UBS Investment Bank and Citi are leading underwriters on the IPO. No further details of the offering of American depositary shares were immediately available.
Qihoo 360 said it planned to use the proceeds from the IPO for research and development and acquisition of technologies, products or businesses.
UBS Investment Bank and Citi are leading underwriters on the IPO. No further details of the offering of American depositary shares were immediately available.
Qihoo 360 said it planned to use the proceeds from the IPO for research and development and acquisition of technologies, products or businesses.
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