Posts Tagged ‘Kingsoft’

Kingsoft Group Announces CEO Change

Zhang Hongjiang KingsoftChina’s Kingsoft Group announced that its current chief executive officer Zhang Hongjiang will retire on December 1, 2016 and Zou …


Kingsoft Operating Revenue Up 69% While Profit Slides

KingsoftChinese software provider Kingsoft published its unaudited performance for 2015, stating that its operating revenue reached CNY5.676 billion, a year-on-year …


Kingsoft Cloud Completes Latest Financing Round

cloud computingChina’s Kingsoft says its cloud computing subsidiary has completed a third round of financing of USD60 million and its investors …


Kingsoft Teams With HP For Chinese Cloud Computing

Kingsoft Cloud has reached a deal with HP to provide medical, banking, and gaming industry customers with platform and application services based on private and mixed clouds. As both companies have private cloud businesses in China, Zhang Hongjiang, chief executive officer of Kingsoft, said HP has a deep understanding of the Chinese market. When launching […]


Cheetah Mobile Acquires Hong Kong Online Marketing Company For USD30 Million

Cheetah Mobile, a subsidiary of Kingsoft, announced that the company has reached an agreement with Zoom Interactive, a Hong Kong online marketing company, on a full acquisition for USD30 million. The USD30 million consideration will reportedly include USD20 million in cash and about USD4 million in Cheetah Mobile restricted class A ordinary shares. In addition, […]


Kingsoft Makes Things Cloudier In China’s Tech Space

Kingsoft Cloud Group, the cloud computing subsidiary of China-based Kingsoft, has formally launched its full cloud service platform, providing cloud hosting, cloud storage, cloud drives, and a database to developers. Prior to this launch, Kingsoft Cloud service platform offered enterprise storage and network disk services. Wang Yulin, president of Kingsoft, said during an interview that […]


Xiaomi Builds Upon “Close” Tech Relationship With Kingsoft In China

Chinese smartphone maker Xiaomi and security software provider Kingsoft jointly announced that the two companies will invest to build a technology industrial park in the Haidian district of Beijing to establish a mobile Internet ecosystem. In the future, Xiaomi and Kingsoft will both locate their headquarters in this industrial park. Lei Jun, who is founder […]


Kingsoft Bestows Perpetual Office Software License On Tencent

As an exercise in showing that Chinese companies use and promote the legal use of software, Kingsoft Corporation Limited announced that its non-wholly owned subsidiary Beijing Kingsoft Office Software Company has signed a strategic cooperation agreement with Tencent Technology (Shenzhen) Company. Under this agreement, Kingsoft will grant the perpetual usage rights of V9.6 of its […]


Chinese Agency Will Blacklist And Police Mobile Apps

If mobile app developers thought getting past Apple’s censors and bizarre policies was hard enough, now they have to contend with the Chinese government for vetting of their applications. Wang Minghua, director general of the operations department of the National Computer Network Emergency Response Technical Team Coordination Center of China and secretary general of the […]


Kingsoft Gained Net Profit Of CNY381 Million In H1 2013

China’s Kingsoft published its interim financial report and the financial report for the second quarter of 2013, stating that the company achieved operating revenue of CNY953 million in the first half of 2013, a year-on-year increase of 55%; and its net profit reached CNY381 million. Meanwhile, the company’s operating revenue for the second quarter of […]