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Rumor: Ex-Kingsoft Executives Launch Education Start-Up
DoNews, 12/22/11
An industry source has revealed that CTO Wang Haiming and COO Dong Hexin of Chinese software company Kingsoft's (3888.HK) Powerword dictionary software subsidiary recently left the company to launch Chuanke.com, an online education platform. Read More
Xiaomi Obtains USD 41 Mln in Funding
Beijing Times, 7/13/11
Lei Jun, angel investor and CEO of Beijing-based mobile software developer Xiaomi Technology, revealed yesterday that Xiaomi has obtained approximately USD 30 mln in funds from Morningside, Qiming Ventures, and IDG, as well as USD 11 mln in funds from 56 Xiaomi employees, at a valuation of USD 250 mln. Read More
Kingsoft Powerword Signs MBO Agreement with Parent
Netease Tech, 7/04/11
An industry source has revealed that senior management at Kingsoft's (3888.HK) Powerword dictionary software subsidiary had signed a management buyout agreement with the company. Read More
Tencent Begins Internal Testing of Microblog Translation Tool
Southern Daily, 6/21/11
To help its users better communicate with international celebrities, Chinese internet firm Tencent's (0700.HK) microblogging product, Tencent Microblog, recently joined forces with Kingsoft (3888.HK), maker of the machine translation product PowerWord, and Netease's (Nasdaq: NTES) online dictionary Youdao to develop a microblog translation tool, currently in internal testing. Read More
Kingsoft to Spin Off Powerword, WPS
Tencent Tech, 3/03/11
Wang Donghui, CFO for Chinese software firm Kingsoft (3888.HK), recently revealed in a press conference that Kingsoft's Powerword dictionary application and WPS Office software businesses will both be spun off into independent companies. Read More
Rumor: Kingsoft Cuts Cooperation with Google
DoNews, 5/04/10
An industry source has reported that the partnership between Chinese software developer Kingsoft (3888.HK) and Google may have ended. Read More
Kingsoft: Software Free, Services Paid
Tencent Tech, 3/09/09
Kingsoft (3888.HK) senior vice president and internet security company CEO Ge Ke says that in the future, Kingsoft will provide all of its software products for free, and will rely on paid services for revenue. Read More
Kingsoft Provides Details on Restructuring
Sina Tech, 2/02/09
Chinese application and entertainment software developer Kingsoft (3888.HK) has confirmed it plans to split the company's business units into three separate subsidiaries covering online games, office software and anti-virus/security software. Read More
Rumor: Google, Kingsoft Cooperate on Office Software
Sina Tech, 8/04/08
Industry sources have revealed that Google China will soon begin cooperating with Kingsoft (3888.HK) on office software, with results of the collaboration potentially being released in H2 of this year. Read More
Kingsoft to Distribute Windows Live Messenger in OEM Software
Sohu IT, 1/07/08
Kingsoft (3888.HK) and Microsoft have announced that the two companies have reached a royalty-free distribution agreement, which will allow Kingsoft to distribute Windows Live Messenger with the OEM versions of its software products. Read More
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