2013-05-23
China's Qihoo 360 Revenue Up 58.6% In Q1 2013
Chinese Internet company Qihoo 360 published its unaudited financial report for the first quarter of 2013, stating that by March 31, the company's operating revenue was USD109.9 million, a year-on-year increase of 58.6%; however, its net profit was USD5.6 million, a year-on-year decrease of 60%. The company said the decrease of net profit was mainly [...]