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Stock Market & Financial Investment News

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July 31, 2014
07:25 EDTCMCMCheetah Mobile and Tencent expand cooperation agreement
Cheetah Mobile has entered into a supplemental agreement with Shenzhen Tencent Computer Systems, a subsidiary of Tencent Holdings, which increases the annual caps for fees payable by Tencent and its subsidiaries and their respective associates to Cheetah. Cheetah and Tencent Shenzhen entered into a Strategic Cooperation Agreement on December 27, 2013. The original annual caps of the fees payable by Tencent and its subsidiaries to Cheetah for the two years ending December 31, 2015 were RMB22M and RMB33M, respectively. Under the new supplemental agreement, the annual caps have been increased to RMB100M and RMB105M, respectively.
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December 18, 2014
16:47 EDTCMCMGIC Private reports 8.55% passive stake in Cheetah Mobile
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