Cheetah Mobile

Cheetah Mobile Inc. (Chinese: 猎豹移动公司) is a Chinese mobile internet company incorporated in the Cayman Islands and headquartered in Beijing. Chen Rui (陈睿 current CEO of Bilibili) founded Cheetah Mobile. The company was established in 2010 as a merger of Kingsoft Security (where Chen served as General Manager) and Conew Image (which was founded by Sheng Fu). 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. In 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. In February 2016, Cheetah Mobile and Cubot launched the CheetahPhone, an Android 6.0 Marshmallow based smartphone, at MWC in Barcelona, Spain. On April 1, 2015 Cheetah Mobile acquired French mobile advertising firm MobPartner, valued at $58 million.