Kingsoft
Kingsoft Tower, Beijing, 100000, China
Overview
Kingsoft Corporation Limited is a software developer and internet service provider in China. Kingsoft's main business encompasses internet security, office software, entertainment software, cloud computing, and online 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. It also has R&D centers in Zhuhai, Beijing, Chengdu, and Dalian, producing several products such as Kingsoft Office, Kingsoft PowerWord, Kingsoft Internet Security, and online games such as "JX Series" and "The First Myth." It also offers an online English learning website www.iciba.com, and an 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 over 250,000 professional version software have been procured by over 830 large and middle domestic enterprises. Kingsoft was founded in 1988 and was listed on the Hong Kong Stock Exchange on October 9, 2007. Its main competitor is Qihu360.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Gaming
- Internet
- ISP
- Security
- Software
Investment portfolio
- Chuangkit
Led · Series A · Jul 2020
Chuangkit secured nearly $10 million in a Series A+ financing. The round was led by Kingsoft. The article did not disclose any additional investors or the allocation of proceeds. No information on the company's product, business model, founding year, location, or operating metrics was provided in the article. The report appeared in an Asia Digest roundup alongside other fundraising news. Further details about the use of funds or strategic plans were not included.
- Go Launcher
Led · Equity · Nov 2013
Go Launcher is a Beijing-based developer of Android apps, including GO Launcher Ex and GO Locker, offering home-screen customization and lock-screen shortcuts. The company reports about 42 million monthly active users across its portfolio, with roughly 70% of users outside China. It generated $22.7 million in revenue in the first six months of this year, an 87% increase year over year, and posted net income of $5.5 million for that period. Revenue streams include paid apps and premium themes (over 40% of H1 revenue), mobile reading services (31.8%), advertising, and purchases of literary content. The company’s parent, Sungy Mobile, picked up $20 million in funding from Qihoo360 and Kingsoft ahead of an IPO filing. Go Launcher filed to go public about two weeks prior to the article and plans to sell American depositary shares in a deal that could value the company at roughly $300 million. GO Launcher is a Beijing-based company that builds an Android homescreen and related apps. Its apps collectively reach about 80 million monthly active users, and it has three Android products with more than 50 million installs each. Key products include GO Launcher Ex, which offers over 10,000 themes, and GO Locker, which adds lock-screen shortcuts and security features. The company began about a decade ago as a mobile WAP portal and shifted to an Android-centric strategy roughly three years ago. GO Launcher has about 800 employees and generates revenue from advertising, a premium $16 paid version, sales of $2 themes, and distribution deals for third-party apps. Half of its revenue comes from its largest GO Launcher apps, and it also earns from partnerships such as an exchange with GetJar and ads via Google's mobile advertising network. Its largest audiences are in the U.S. and South Korea, reflecting the product's global reach.