Qihoo Aims For Leaner Spending, New Security Products

By | August 25, 2014

Scalper1 News

As sizzling competition roils China’s huge Internet market, Qihoo 360 Technology plans to continue to expand its mobile search service and introduce next-generation security products while also throttling back its spending growth rate. Qihoo (QIHU), China’s largest Internet security provider and its No. 2 search provider behind Baidu (BIDU), early Monday posted Q2 earnings that beat expectations but added that its operating profit margin fell due Scalper1 News

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