By Meghan Foley | More Articles
January 19, 2013
Page 1 of 2
Qihoo’s (NYSE:QIHU) chief executive officer, Hongyi Zhou, told an interviewer from ZDNet earlier this month not to expect his company to surpass rival Baidu (NASDAQ:BIDU) as the leading search provider in China this year. “Given Baidu’s prominence, it will probably still be the biggest search player in the market,” he said. But having introduced a search browser in August 2012 and with a new high-profile partnership in pocket, the Chinese company now expects to make 2013 a building year.
With plans to improve its search results to better compete with peers and rivals, Qihoo hopes to capitalize on the functionality of its Qihoo 360 Secure Browser to increase its market share. Previously, the Beijing-based company had offered search results powered by Google