Cheetah Mobile Inc. acquired 35.17% stake in Beijing OrionStar Technology Co., Ltd. from certain of the existing shareholders including Sheng Fu for $37.6 million.
Cheetah Mobile Inc. (NYSE:CMCM) completed the acquisition of 35.17% stake in Beijing OrionStar Technology Co., Ltd. from certain of the existing shareholders including Sheng Fu on December 4, 2023.