|Post IPO Valuation|
|Description||Multi-Platform Office Suite|
|Venture Round, 11/2013 |
Shunwei China Internet Fund
Kingsoft Corporation Limited, one of best-known software companies, is a leading software developer and Internet service provider in China.
Kingsoft’s main business encompasses Internet security, office software, entertainment software, cloud computing, and on-line translation. The Company utilizes the Internet as an effective channel to market and distribute its products, and has built an extensive sales and distribution network.
Kingsoft was founded in 1998, and was listed on the Hong Kong Stock Exchange on October 9th, 2007. It now has R&D centers in Zhuhai, Beijing, Chengdu, and Dalian, providing several well-known products such as Kingsoft Office, Kingsoft PowerWord, Kingsoft Internet Security, and online games such as “JX Series” and “The First Myth.” Kingsoft has set up some of China’s largest online communities, including the popular domestic online English learning website www.iciba.com and the online game website www.xoyo.com. Its subsidiaries include Xishanju Game, Kingsoft Internet Security Software, WPS office, JC Studio, KSyun, and Adin Studio.
As of 2008, WPS Office’s PC version has had over 20 million individual users and 250,0000 professional version softwares have been procured by over 830 large and middle domestic enterprises.
Kingsoft mainly competes with Qihu360.