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Internet investment

Source:   Time:

BEIJING-BASED Internet security firm 360.cn is to invest 100 million yuan (US$14.70 million) annually over the next few years to better serve its 300 million users nationwide.

Its free business model will help the firm get more users and the company aims to attract some users toward paid services, such as customized and storage services, according to 360.cn's President Qi Xiangdong.

"We will get 3 billion yuan as revenue annually if everyone pays 10 yuan a year or less than 1 yuan each month," Qi said.

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