Qihoo 360 Software, a subsidiary of Qihoo 360, and Beijing Kunlun Tech are part of the Chinese consortium preparing to take over Norway’s Opera Software. This represents a bold new push from China’s tech sector outside of the nation’s three so-called ‘internet giants’. Photo: SCMP Pictures

‘Consolidation favours the strong’: Chinese group including Qihoo 360 subsidiary spending US$1.2bln on Norwegian browser company Opera Software

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Qihoo 360 Software, a subsidiary of Qihoo 360, and Beijing Kunlun Tech are part of the Chinese consortium preparing to take over Norway’s Opera Software. This represents a bold new push from China’s tech sector outside of the nation’s three so-called ‘internet giants’. Photo: SCMP Pictures
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