Tuesday, 3 July 2012

Is Qihoo 360 a fraud?

Anonymus Analytics is at it again. This time they accuse Qihoo 360 of being a fraud, fastly overstating their webtraffic. The report can be found here.

Some other background stories about this can be found here from TechInAsia and here from Bloomberg.

The stock trades on the NYSE (ticker name QIHU) and dropped 7.5% on the news.

Previous blogs about Anonymous Analytics: Chaoda and HuaBao.

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