Cheetah Mobile

Cheetah Mobile Inc.
Native name
猎豹移动公司
Public
Traded as NYSE: CMCM
Industry Mobile apps, Mobile gaming, Internet security
Founded 2009
Headquarters Beijing, China
Key people
Sheng Fu (CEO)
Revenue Increase 568.8 million (2015)[1]
Increase US$80.6 million (2015)
Increase US$76.0 million (2015 )
Total assets Increase US$483.7 Million (2014)
Number of employees
1,178
Parent Kingsoft
Website www.cmcm.com

Cheetah Mobile Inc (猎豹移动公司) is a Chinese mobile Internet company headquartered in Beijing, China. It is best known as the developer of the Battery Doctor, Clean Master, Duba Anti-virus, and for purchasing QuickPic Gallery from the original developer. It has more than 568 million monthly active users as of November 2015.[2]

History

Formation

The company was established in 2010 as a merger of Kingsoft Security and Conew Image,[3] and grew to be the second largest internet security software provider in China, according to iResearch.[4] The company is located at 1st Yaojiayuan South Rd, Chaoyang District, Beijing, China.

Initial public offering

In 2014, Cheetah Mobile launched an IPO selling 12 million American Depositary Shares at US$14 per share, and thereby raised US$168 million.[5] The IPO was managed by Morgan Stanley, JP Morgan Chase & Co., and Credit Suisse Group.[6] Kingsoft and Tencent are major investors in Cheetah Mobile holding 54% and 18% respectively.[7]

Post IPO

In the late 2015, Cheetah Mobile announced that it had entered into a global strategic partnership with Yahoo. The company incorporated Yahoo’s search and native advertising platforms within its own apps. As a result of this, Cheetah Mobile stated that its revenue generated from Yahoo increased by 30 percent daily within the first two weeks.[8]

In February 2016, Cheetah Mobile and Cubot launched the CheetahPhone,[9] an Android 6.0 Marshmallow based smartphone, at MWC in Barcelona, Spain.[10]

Acquisition

On August 2, 2016, Cheetah Mobile announced its acquisition of a French startup News Republic for $57 million. News Republic is a news aggregator.[11][12]

Products

Cheetah Mobile's products include:

Computer applications

Games

Mobile applications

Controversies

Despite the popularity of its Clean Master Android App, it was reported in 2014 that ads promoting Clean Master manipulate Android users with deceptive tactics when browsing websites within the app's advertising framework. In April 2014, Ferenc László Nagy from Sophos Labs captured some pop-up ads that led to Clean Master, warning the device had been infected with a virus.[35]

In July 2014, Cheetah Mobile encouraged users to uninstall Google Chrome and replace it with Cheetah Mobile's own browser during Clean Master's "clean-up" and "optimization" process. This rogue practice allowed Cheetah Mobile to gain unfair position in the marketplace and led to a Google crackdown.[36]

References

  1. "Cheetah Mobile Announces Fourth Quarter and Fiscal Year 2015 Unaudited Financial Results". Cheetah Mobile. 2016-03-15. Retrieved 2015-04-05.
  2. "Company Profile: Cheetah Mobile". Cheetah Mobile. Retrieved 2015-04-05.
  3. "Company Information". CMCM. Retrieved 2015-04-05.
  4. "Cheetah Mobile - About us". Cheetah Mobile. Retrieved 2015-04-05.
  5. "Company IPO Overview - Cheetah Mobile Inc. (CMCM) IPO". NASDAQ. NASDAQ OMX Group. Retrieved 2015-04-05.
  6. Picker, Leslie (May 9, 2014). "Cheetah Mobile Gains in Trading Debut After $168 Million IPO". Bloomberg Business. Bloomberg L.P. Retrieved April 5, 2015.
  7. "IPO Preview: Cheetah Mobile". Seeking Alpha. May 7, 2014. Retrieved April 5, 2015.
  8. Yeung, Ken (2015-11-17). "Cheetah Mobile says its Yahoo search and advertising partnership shows early promise". VentureBeat. Retrieved 2015-11-20.
  9. "Phone - Hands On" (Video). 2016-03-01. Retrieved 2016-03-18.
  10. "Cubot and Cheetah Mobile unveil the CheetahPhone, headed to Europe for €199". GSM Arena. 23 February 2016. Retrieved 18 March 2016.
  11. Dillet, Romain (2016-08-02). "Cheetah Mobile acquires News Republic for $57 million". TechCrunch. Retrieved 2016-08-02.
  12. "Cheetah Mobile to accelerate move into content after News Republic acquisition". South China Morning Post. Retrieved 30 August 2016.
  13. "Shad Khan's answer to Is the Clean Master app for Android really useful? - Quora". www.quora.com. Retrieved 30 August 2016.
  14. "Big Bang 2048".
  15. "Just Get 10".
  16. "Don't Tap The White Tile".
  17. "Piano Tiles: Halloween".
  18. "Live.me" in Google Play Store, with ksmobile package name, retrieved November 14, 2016.
  19. "Battery Doctor". Cheetah Mobile. Retrieved November 16, 2014.
  20. "Clean Master". Cheetah Mobile. Retrieved November 19, 2014.
  21. "Clean Master". Quora. Retrieved August 3, 2016.
  22. "Clean Master". Reddit. Retrieved August 3, 2016.
  23. "Clean Master". Android Central. Retrieved August 3, 2016.
  24. "Clean Master". Android Forums. Retrieved August 3, 2016.
  25. "10 Best Free Backup Apps for Android Phone & Tablet | Popular Mobile Apps Review". Popularmobileappsreview.com. Retrieved 30 August 2016.
  26. "CM Backup". Cheetah Mobile. Retrieved November 19, 2014.
  27. "CM Browser". Cheetah Mobile. Retrieved November 19, 2014.
  28. "CM Flashlight" in Google Play Store. Retrieved May 28, 2015
  29. "CM Launcher" in Google Play Store, with ksmobile package name, retrieved May 28, 2015.
  30. "CM Locker". Cheetah Mobile. Retrieved July 16, 2016.
  31. "CM Security". Cheetah Mobile. Retrieved November 19, 2014.
  32. "File Manager" in Google Play Store, with rhmsoft package name, retrieved in March 2015.
  33. "Photo Grid". Cheetah Mobile. Retrieved November 16, 2014.
  34. "QuickPic Gallery"
  35. "Google takes aim at deceptive advertising of Play Store apps". Sophos. Retrieved 2015-04-30.
  36. "A Potential Impaling Blow To Cheetah Mobile As Flagship Product Removed From Google's App Store Rankings". Seeking Alpha. Retrieved 2015-04-30.

External links

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