NetQin (NQ -6.5%) slumps after SA's FJE Research questions the company's user account figures....

|About: NQ Mobile Inc. (NQ)|By:, SA News Editor

NetQin (NQ -6.5%) slumps after SA's FJE Research questions the company's user account figures. While NetQin claims to have a 63% share of the Chinese mobile security software market, research firms assert Qihoo (QIHU) has a 60%+ share. Moreover, download figures for NetQin's security app on Sina and various app stores are meager, and Baidu search activity is also light. NetQin's low valuation indicates there's already some skepticism on the Street about its growth story.