18 January 2019

Qihoo 360 eyes 35% market share this year, paper says

Chinese antivirus software developer and online search service provider Qihoo 360 expects a 35 percent share of the Chinese online search market this year, cementing its No. 2 position behind Baidu Inc., Economic Information Daily reported Monday, citing the company. The figure is up from a 30 percent target it set in 2013, president Qi Xiangdong was quoted as saying. The company launched online search services in August 2012 and is targeting 40 percent of the market by 2015, the report said.

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