Qihoo buys MediaV to market online
Antivirus software developer Qihoo360 Technology isn't the first strategic investor to hold talks with MediaV. Several Chinese internet giants, including Tencent Holdings and online retailer JD.com, had pitched the advertising and digital marketing firm on a potential acquisition since the end of 2013.
According to iResearch, China's online advertising industry was worth RMB110 billion ($16 billion) last year, up 46% from 2012. It is an area into which strategic investors want to spread their wings -...
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