Edition:
India

Kingsoft Announces Revision Of Annual Caps Under Framework Agreement With Xiaomi


Tuesday, 26 May 2020 

May 26 (Reuters) - Kingsoft Corp Ltd <3888.HK>::ANNOUNCES REVISION OF ANNUAL CAPS UNDER FRAMEWORK AGREEMENT BETWEEN COMPANY AND XIAOMI.AFTER REVISION, ANNUAL CAPS FOR FEES PAYABLE BY XIAOMI FOR PROVISION OF ADVERTISING AGENCY SERVICES BY GROUP FOR 3 YEARS WILL BE INCREASED.