Qihoo 360 Technology SC 13G/A Co Ltd

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

Qihoo 360 Technology Co. Ltd.

(Name of Issuer)

Class A Ordinary Shares, par value $0.001 per share

(Title of Class of Securities)

74734M109⁽¹⁾

(CUSIP Number)

December 31, 2014

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o	Rule 13d-1(b)
o	Rule 13d-1(c)
x	Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

(Continued on following pages)

⁽¹⁾

This CUSIP number applies to the Issuer’s American depositary shares, every two representing three class A ordinary shares.

CUSIP No.: 74734M109

	(1)	Name of Reporting Persons
		Xiangdong Qi

	(2)	Check the Appropriate Box if a Member of a Group*
		(a)	o
		(b)	¨

	(3)	SEC Use Only

	(4)	Citizenship or Place of Organization
		People’s Republic of China

			(5)	Sole Voting Power
				15,014,126
Number of
Shares			(6)	Shared Voting Power
Beneficially				0
Owned by
Each			(7)	Sole Dispositive Power
Reporting				15,014,126
Person With
			(8)	Shared Dispositive Power
				0

	(9)	Aggregate Amount Beneficially Owned by Each Reporting Person
		15,014,126

	(10)	Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* o

	(11)	Percent of Class Represented by Amount in Row 9
		7.8% (1)

	(12)	Type of Reporting Person*
		IN

(1)

As a percentage of 193,416,331 total outstanding issued Class A and Class B ordinary shares as of December 31, 2014. The voting power of the ordinary shares beneficially owned by the reporting person represents 18.5% of total outstanding voting power of all Class A and Class B ordinary shares.

CUSIP No.: 74734M109

	(1)	Name of Reporting Persons Young Vision Group Limited

	(2)	Check the Appropriate Box if a Member of a Group*
		(a)	¨
		(b)	¨

	(3)	SEC Use Only

	(4)	Citizenship or Place of Organization British Virgin Islands

Number of Shares Beneficially Owned by Each Reporting Person With			(5)	Sole Voting Power 15,014,126

			(6)	Shared Voting Power 0

			(7)	Sole Dispositive Power 15,014,126

			(8)	Shared Dispositive Power 0

	(9)	Aggregate Amount Beneficially Owned by Each Reporting Person 15,014,126

	(10)	Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* ¨

	(11)	Percent of Class Represented by Amount in Row 9 7.8% (1)

	(12)	Type of Reporting Person* CO

(1)

CUSIP No.: 74734M109

	(1)	Name of Reporting Persons East Line Holdings Limited

	(2)	Check the Appropriate Box if a Member of a Group*
		(a)	o
		(b)	¨

	(3)	SEC Use Only

	(4)	Citizenship or Place of Organization British Virgin Islands

Number of Shares Beneficially Owned by Each Reporting Person With			(5)	Sole Voting Power 15,014,126

			(6)	Shared Voting Power 0

			(7)	Sole Dispositive Power 15,014,126

			(8)	Shared Dispositive Power 0

	(9)	Aggregate Amount Beneficially Owned by Each Reporting Person 15,014,126

	(10)	Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* o

	(11)	Percent of Class Represented by Amount in Row 9 7.8% (1)

	(12)	Type of Reporting Person* CO

(1)

Item 1(a)	Name of Issuer:
	Qihoo 360 Technology Co. Ltd.
Item 1(b)	Address of Issuer’s Principal Executive Offices:
	Qihoo 360 Technology Co. Ltd., Building #2, 6 Jiuxianqiao Road, Chaoyang District, Beijing 100015, People's Republic of China
Item 2(a)	Name of Person Filing:
	Xiangdong Qi Young Vision Group Limited East Line Holdings Limited
Item 2(b)	Address of Principal Business Office or, if none, Residence:
	For all reporting persons: c/o Qihoo 360 Technology Co. Ltd., Building #2, 6 Jiuxianqiao Road, Chaoyang District, Beijing 100015, People's Republic of China
Item 2(c)	Citizenship:
	Xiangdong Qi: People’s Republic of China Young Vision Group Limited: British Virgin Islands East Line Holding limited: British Virgin Islands
Item 2(d)	Title of Class of Securities:
	Class A ordinary shares The Issuer’s ordinary shares consist of Class A ordinary shares and Class B ordinary shares. The rights of the holders of Class A ordinary shares and Class B ordinary shares are identical, except with respect to conversion rights and voting rights. Each Class B ordinary share is convertible at the option of the holder into one Class A ordinary share. Each Class B ordinary shares is entitled to five votes, whereas each Class A ordinary share is entitled to one vote.
Item 2(e)	CUSIP Number:
	74734M109
Item 3	Statement filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c):
	Not Applicable

Item 4	Ownership:

	The following information with respect to the ownership of the ordinary shares of the issuer by each of the reporting persons is provided as of December 31, 2014.

Number of shares as to which such person has:

Reporting
Person

Amount
Beneficially
Owned

Percent of
Class (1)

Sole Power to
Vote or
Direct the
Vote

Shared
Power to
Vote or to
Direct the
Vote

Sole Power to
Dispose or to
Direct the
Disposition of

Shared Power
to Dispose or to
Direct the
Disposition of

Xiangdong Qi

15,014,126
ordinary
shares (2)

7.8%(3)

15,014,126
ordinary
shares

Young Vision
Group Limited

15,014,126
ordinary
shares (4)

7.8%(3)

15,014,126
ordinary
shares

East Line
Holdings
Limited

15,014,126
ordinary
shares (5)

7.8%(3)

15,014,126
ordinary
shares

(1)

As a percentage of 193,416,331 total outstanding issued Class A and Class B ordinary shares as of December 31, 2014.

(2)

Consists of (i) 1,340,781 Class A ordinary shares in the form of American depositary shares held by Young Vision Group Limited (“Young Vision”), and (ii) 13,673,345 Class B ordinary shares held by Young Vision. Young Vision is a British Virgin Islands company, which is wholly-owned by East Line Holdings Limited (“East Line”), a British Virgin Islands company, which is in turn wholly-owned by Mr. Qi. Mr. Qi expressly disclaims beneficial ownership in 574,039 Class B ordinary shares allocated to award the Issuer’s employees and consultants under the Issuer’s 2006 Employee Share Vesting Scheme.

(3)

The voting power of the ordinary shares beneficially owned by the reporting person represents 18.5% of total outstanding voting power of all Class A and Class B ordinary shares.

(4)

Consists of (i) 1,340,781 Class A ordinary shares in the form of American depositary shares, and (ii) 13,673,345 Class B ordinary shares. Young Vision expressly disclaims beneficial ownership in 574,039 Class B ordinary shares allocated to award the Issuer’s employees and consultants under the Issuer’s 2006 Employee Share Vesting Scheme.

(5)

Consists of (i) 1,340,781 Class A ordinary shares in the form of American depositary shares, and (ii) 13,673,345 Class B ordinary shares, all directly held by Young Vision. East Line expressly disclaims beneficial ownership in 574,039 Class B ordinary shares allocated to award the Issuer’s employees and consultants under the Issuer’s 2006 Employee Share Vesting Scheme.

Item 5	Ownership of Five Percent or Less of a Class.
	Not applicable

Item 6	Ownership of More than Five Percent on Behalf of Another Person.
	Not applicable

Item 7	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
	Not applicable

Item 8	Identification and Classification of Members of the Group.
	Not applicable

Item 9	Notice of Dissolution of Group.
	Not applicable

Item 10	Certifications.
	Not applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: February 13, 2015

Xiangdong Qi	/s/Xiangdong Qi
	Xiangdong Qi


East Line Holdings Limited	By:	/s/Xiangdong Qi
	Name:	Xiangdong Qi
	Title:	Director


Young Vision Group Limited	By:	/s/Xiangdong Qi
	Name:	Xiangdong Qi
	Title:	Director

[Signature Page to Schedule 13G/A]

LIST OF EXHIBITS

Exhibit No.		Description

A		Joint Filing Agreement

Exhibit A

EXHIBIT A

Joint Filing Agreement

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Class A ordinary shares, par value $0.001 per share, of Qihoo 360 Technology Co. Ltd., a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

[Remainder of this page has been left intentionally blank.]

SIGNATURE

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 13, 2015.

Xiangdong Qi	/s/Xiangdong Qi
	Xiangdong Qi


East Line Holdings Limited	By:	/s/Xiangdong Qi
	Name:	Xiangdong Qi
	Title:	Director


Young Vision Group Limited	By:	/s/Xiangdong Qi
	Name:	Xiangdong Qi
	Title:	Director

[Signature Page to Joint Filing Agreement]

Qihoo 360 Technology (QIHU) Inactive SC 13G/AQihoo 360 Technology Co Ltd