Qihoo 360 Technology and Youku Tudou Look to Benefit as China's Internet Population on the Rise
January 11 2013 - 8:20AM
Marketwired
Chinese equities have had a good start to the year as various
economic data have pointed to a recovery in China's economy. The
Bloomberg China-US 55 Equity Index, which tracks the performance of
the top 55 Chinese equities trading in the U.S., has gained 2.5
percent so far in 2013. The Paragon Report examines investing
opportunities on Chinese Internet stocks and provides equity
research on Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) and Youku
Tudou Inc. (NYSE: YOKU).
Access to the full company reports can be found at:
www.ParagonReport.com/QIHU www.ParagonReport.com/YOKU
First half figures from the China Internet Network Information
Center (CNNIC) showed that the nation's internet population stood
at 538 million in 2012, a year-over-year increase of 11 percent.
While that figure may seem substantial, the internet penetration
rate was estimated to be at just 39.9 percent, leaving significant
room for growth.
China's Ministry of Industry and Information Technology recently
predicted China's internet population to reach 800 million users by
2015. Internet penetration is expected to be driven by mobile
internet access as the country currently has over 1 billion mobile
phone users.
Paragon Report releases regular market updates on Chinese
Internet stocks so investors can stay ahead of the crowd and make
the best investment decisions to maximize their returns. Take a few
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Qihoo 360 is a leading Internet platform company in China as
measured by active user base. At the end of March 2012, the company
had approximately 411 million monthly active Internet users,
according to iResearch. The company in august entered the Chinese
search engine market with the launch of so.com.
Youku is China's leading Internet television company. Their
mission is to become the primary source of online video content for
Chinese internet users across all Internet-enabled devices. Youku
Tudou's dual-platform solution allows advertisers to reach a vast,
diverse user base -- with a combined total of more than 400 million
viewers on a monthly basis according to market research firm
iResearch in September 2012
The Paragon Report has not been compensated by any of the
above-mentioned publicly traded companies. Paragon Report is
compensated by other third party organizations for advertising
services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
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