Qihoo 360 Technology Co. Ltd. IPO Advisory

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For IPO Boutique's "scale of 1 to 5" BUY rating on Qihoo 360 Technology Co. Ltd., and our comprehensive analysis, click the "Buy Market Research" link.
Company
Symbol
Price Range
Issue Price
Open
Shares
Trade Date
Qihoo 360 Technology Co. Ltd.QIHU Priced at $14.50 $14.50 $0.0012.1 million3/30/2011
Underwriter(s):
UBS Investment Bank
Co-Manager(s):
Stifel Nicolaus Weisel, Cowan and Co.
Filing(s):


Qihoo 360 Technology Co. Ltd. Historical Chart - Click chart for current quote

About Qihoo 360 Technology Co. Ltd. (adapted from Qihoo 360 Technology Co. Ltd. prospectus):
Qihoo is the No. 3 Internet company in China as measured by user base, according to a report they commissioned from iResearch. In January 2011, Qihoo had 339 million monthly active Internet users, representing a user penetration rate of 85.8% in China, according to iResearch. Recognizing security as a fundamental need of Internet and mobile users, Qihoo offers Internet and mobile security products free of charge, providing users with secure access points to Internet activities. As a result, Qihoo has amassed a large and loyal user base, which is monetized primarily through offering online advertising and Internet value-added services.

This description is adapted from Qihoo 360 prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.


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