15 Mar '11, 5am

China Internet firm plans $200 million IPO

China Internet firm plans $200 million IPO

SHANGHAI: Chinese Internet security service provider Qihoo 360 Technology Co plans to raise up to $200 million in an initial public offering in the United States, the company said Tuesday. The company has applied to list on the New York Stock Exchange and hired UBS Investment Bank and Citigroup as the lead underwriters of the offering, according to a filing with the US securities regulator. Qihoo, established in 2005, said it is China's top provider of Internet and mobile security products as measured by user base with 328 million active monthly users, citing figures from domestic Internet research firm iResearch. Its 360 Safe Browser is the second most popular web browser in China after Microsoft Internet Explorer, with 172 million monthly active users, it quoted iResearch as saying. Qihoo is the latest Chinese Internet start-up to look to the US capital market, where inv...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

Tweets

Shares of China's biggest Internet company, Ten...

todayonline.com 18 Mar '11, 1am

HONG KONG - Tencent Holdings, China's biggest Internet company, fell the most in more than two years in Hong Kong trading ...

US relief organisations say they have raised ab...

straitstimes.com 15 Mar '11, 2am

WASHINGTON - US RELIEF organisations said on Monday they had raised more than US$22 million (S$27.9 million) in donations ...

No IPO plans yet: Twitter

todayonline.com 04 Mar '11, 4am

Twitter has no plans to go public any time soon and does not need additional funds because it is making money, the co-foun...

More than 200 bodies at new site: Japan police

channelnewsasia.com 13 Mar '11, 3am

TOKYO - More than 200 bodies have been found at a new site in northeast Japan, where an earthquake and tsunami caused mass...

More than 200 bodies have been found at a new site in north-east Japan, police said

More than 200 bodies have been found at a new s...

straitstimes.com 13 Mar '11, 3am

More than 200 bodies have been found at a new site in north-east Japan, where an earthquake and tsunami caused massive des...

Internet election advertising rules loosened

straitstimes.com 14 Mar '11, 12pm

The regulations governing Internet election advertising were loosened significantly on Monday, allowing political parties,...

Singapore eases rulings on Internet election ad...

channelnewsasia.com 14 Mar '11, 9am

SINGAPORE: Political parties, candidates and their election agents will now be able to use a broader range of new media pl...

[TODAY] Hutchison Ports IPO under water

todayonline.com 18 Mar '11, 9pm

SINGAPORE - Units in Hutchison Port Holdings Trust fell on their debut on Friday by as much as 6.9 per cent from their ini...

US military developing software to 'influence I...

todayonline.com 18 Mar '11, 9pm

WASHINGTON - The United States military is developing software that will let it secretly manipulate social media sites suc...

China has asked NZ to compensate Chinese parent...

straitstimes.com 14 Mar '11, 1am

WELLINGTON (New Zealand) - CHINA has asked New Zealand to consider special compensation to parents of Chinese students kil...

AirAsia Indonesia to launch IPO - Channel News Asia

AirAsia Indonesia to launch IPO - Channel News ...

channelnewsasia.com 03 Mar '11, 6am

JAKARTA: An Indonesian subsidiary of budget airline AirAsia hopes to raise up to $200 million in an initial public offerin...

Ikea eyes further expansion in China

channelnewsasia.com 17 Mar '11, 6pm

SHANGHAI : Swedish furniture giant Ikea is looking to expand further into China, its shopping centre development arm said ...

G8 drops plans for Libya military intervention

G8 drops plans for Libya military intervention

channelnewsasia.com 15 Mar '11, 7pm

PARIS - Group of Eight powers Tuesday dropped proposals for military intervention to end bombardments in Libya and turned ...

China asks N. Zealand for extra quake dead cash

channelnewsasia.com 14 Mar '11, 3am

WELLINGTON: Beijing asked New Zealand Monday to pay extra compensation to Chinese parents whose children died in the Chris...

$1.95m Red Tibetan Mastiff pup in China world's...

straitstimes.com 17 Mar '11, 11pm

The dog, now priciest dog in the world, comes with massive dietary requirements, as they are known to weigh as much as 130...