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August 12, 2014
07:07 EDTCMCMCheetah Mobile to acquire addition 22.2% interest in Moxiu Technology
Cheetah Mobile announced that it has entered into a Share Purchase Agreement with Beijing Starsinhand Technology Company, a subsidiary of Tencent Holdings, to acquire an additional approximately 22.2% equity interest in Moxiu Technology for a total consideration of RMB30M in cash. Upon completion of the transaction under the Share Purchase Agreement, Cheetah will become the majority shareholder of Moxiu Technology, holding approximately 50.5% equity interest.
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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