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Stock Market & Financial Investment News

News Breaks
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.
News For CMCM From The Last 14 Days
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October 15, 2014
07:06 EDTCMCMCheetah Mobile and Kingsoft partner for games operations
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October 9, 2014
13:40 EDTCMCMSamsung, Cheetah Mobile to pre-install Clean Master, BrightWire says
Cheetah Mobile (CMCM) CEO Fu Sheng said that the company has finalized an agreement with Samsung (SSNLF) to pre-install Clean Master, its flagship mobile application, on its phones, according to BrightWire, citing comments from Sheng. The CEO said that the company is devoted to its overseas broadening strategy regardless of investor criticism. Reference Link

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