Qihoo Invests in Browser Gaming Portal 2366.com

Netease Tech, 3/19/12

Chinese Internet services and security software provider Qihoo 360 (NYSE: QIHU) has invested an undisclosed sum in Sichuan-based browser gaming portal operator Mengwang Network Technology (2366.com). Guo Haibin, senior manager of Qihoo 360's browser gaming division has been appointed a VP at 2366.com. Guo confirmed the deal was completed in August 2011.

Mengwang Network, established in September 2009, offers gaming news, downloads, Q&A, and virtual item transaction services.

Editor's Note: For more information on this topic, please see "Qihoo 360, UUU9 Launch Gaming Content JV," MD 1/09/12 issue.

Keywords: Mengwang Network Technology 2366.com vertical portal Internet Qihoo 360 QIHU Guo Haibin online gaming browser game investment virtual items

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