Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: Qihoo 360 to Acquire MediaV

Tencent Tech, 5/14/14

According to an industry source, Chinese internet company Qihoo 360 (NYSE: QIHU) plans to acquire Shanghai-based online advertising company MediaV Advertising in a move to strengthen Qihoo 360's online ad operations. The acquisition is reportedly nearing completion.

Qihoo 360 president Qi Xiangdong has declined to comment on the matter.

Editor's Note: For more information on this topic, please see "Rumor: Jingdong to Acquire MediaV for USD 700 Mln," MD 11/18/13 issue. MediaV recently sold off its ad agency business, but has retained its advertising tools and other businesses.

Keywords: Qi Xiangdong Internet online advertising Qihoo 360 MediaV QIHU M&A ad agency

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports