Qihoo 360 Growth Story Still Going Strong With Dips Representing Buying Opportunities
- Qihoo 360 continues the hot growth story with doubling revenue and almost doubling online advertising revenue.
- Already reached goal of 30% Internet search market share in China four months ahead of schedule.
- Increased costs can be minimized with lower one-time items, and earnings and margins will get back in line with revenues.
- Qihoo 360 still a strong play in the Chinese Internet market even with increased competition from larger companies such as Baidu, Alibaba and Tencent.