- Insider Monkey•28 days ago
Tairen Capital is a Shanghai-based equity long/short hedge fund co-founded by Larry Chen and Terry Zhang in 2007. Earlier this year, the Tairen China Fund of Tairen Capital won the awards for being the best Greater China hedge fund and the best Asian long/short equity fund at this year’s Eurekahedge Asian Hedge Fund Awards organized […]
- Reuters•last month
OSLO/BEIJING, July 18 (Reuters) - A $1.2 billion takeover of Opera Software by a group of Chinese internet firms fell through on Monday after failing to get regulatory approval in time, sending the Norwegian browser firm's shares to a seven-month low. The deal needed a green light from the United States and China, and one firm in the Chinese consortium said U.S. privacy concerns would have led to an investigation into some of Opera's products that risked delaying the acquisition for up to a year. The so-called Kunqi consortium, which includes online and mobile games distributor Beijing Kunlun Tech Co and search and security business Qihoo 360 Technology Co, will now buy certain parts of Opera's consumer business.
- Reuters•last month
A $1.2 billion takeover of Norwegian online browser firm Opera Software by a Chinese consortium of internet firms failed over concerns over users' privacy, a key concern for U.S. authorities, one of the Chinese partners told Reuters on Monday. As an alternative, the consortium, which includes search and security business Qihoo 360 Technology Co and Beijing Kunlun Tech Co, a distributor of online and mobile games, will take over certain parts of Opera's consumer business for $600 million. "According to what we know, it was because of Opera's other services, and involves very many users' privacy.
Qihoo 360 Technology Co. Ltd. (QIHU)
NYSE - NYSE Real Time Price. Currency in USD
|Day's Range||76.69 - 76.93|
|52wk Range||41.64 - 76.94|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||32.54|
|Avg Vol (3m)||2,310,523|
|Dividend & Yield||N/A (N/A)|