360 brand after Hyundai announced cooperation: stocks both down-cool, cool phone, qihoo 360,360-IT information
360 brand after Hyundai announced cooperation: stocks fell

IT news -December 17-morning news, yesterday evening, qihoo 360, announced a strategic alliance and cool 360 investment us $ 409.05 million, accounting for 45% shares in the venture.

Cool group yesterday after a temporary suspension, announced today the resumption. Hyundai today opened down 4.42% to HK $ 1.73. US stocks fall yesterday, qihoo 360 shares of 6.92%, to close at $ 55.52.

360 cool strategic investments, Zhou hongyi, Chairman of the new company, 360 will be responsible for all the details related to user experience. Cool in product manufacturing, process and play a role in supply chain management.

For now, although the shares have been falling, but the cooperation was viewed unfavourably by a lot of people, 360 and cool combination will have what kind of performance, also the mobile phone market in 2015.