1 Billion to Invest in Freewares in China

Sequoia Capital China, Highland Capital and Qihoo 360 yesterday announced that they plan to jointly invest 1 billion, I think it should be 1 billion RMB, into China’s free software industry in coming years. The plan targets at startups and individuals in freeware sectors, by means of investment, incubation and M&A.
Neil Shen, Founding Managing Partner [...]

Qihoo To Focus on Search-Based Q&A Service

Qihoo.com, founded by Zhou Hongyi, former CEO of Yahoo China and the founder of 3721, is well known for its user generated content search and aggregation service, mainly BBS and blog search. It recently makes big change on its strategy.
Qihoo used to aggregate posts from various BBS forum and blogs into a Sina-like content portal. [...]

Qihoo received $25M, a recap of 8 months

Yesterday Sina first broke the story of Qihoo’s series B funding. Total amount hasn’t been disclosed. This $25M is just first part of series B funding.
Today it’s on Techmeme, so we think it deserves a post. Here’re some details of this round funding.
The investors include Highland, Redpoint Venture, Sequoia Capital, Matrix Partners and IDG. This [...]

China Search News Roundup (Aug. 21st)

- iAsk Adds Premium Database Search Service: iAsk, search engine by Sina, partnered with Souku.com.cn to launch a new premium search service. Users can search various business information, such as statistics data, research reports, technical documents, patent information and so on. Any users can search and read the abstract of the document before pay for [...]

Two Chinese Blog Search Engines

In last weekend, two Chinese blog search engines launched. One is from the leading BBS search engine Qihoo, another is the new version of Booso from Bokee (previous profile on November 2005).
Since I profiled Booso in later 2005, Booso has been barely usable. They started to change the open source Lucene search engine into their [...]

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