Cheetah Mobile
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Cheetah Mobile
Cheetah Mobile Inc () is a Chinese mobile Internet company headquartered in Beijing. , it has more than 634 million monthly active users. History Formation Chen Rui ( :zh:陳睿 current CEO of Bilibili) founded Cheetah Mobile. The company was established in 2010 as a merger of Kingsoft Security (Chen served as General Manager) and Conew Image, and grew to be the second-largest internet security software provider in China, according to iResearch. The company is located at 1st Yaojiayuan South Rd, Chaoyang District, Beijing, China. Initial public offering In 2014, Cheetah Mobile launched an IPO selling 13 million American depositary shares at US$14 per share, and thereby raised US$168 million. The IPO was managed by Morgan Stanley, JP Morgan Chase & Co., and Credit Suisse Group. Kingsoft and Tencent are major investors in Cheetah Mobile, holding 54% and 18% respectively. Post IPO In the late 2015, Cheetah Mobile announced that it had entered into a global strategic partn ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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