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»china

WeChat Is A Walled Garden – Does That Matter?

Tencent doesn’t like it when WeChat is called a walled garden, even though it has all the markings. “This is a form of walled garden in the same way you have Facebook or Google,” said Jon Mansell, VP of marketplace innovation at Magna Global, during a panel hosted by Tencent at Advertising Week on Monday.... Continue reading »

by Allison Schiff // September 26th, 2017 //
»
Tencent Enters US Market With Ad Solutions And Access To Vast Amounts Of User Data

Chinese tourists spent $35 billion dollars in the US in 2016. WeChat parent company Tencent rolled out a suite of advertising tools on Thursday to help US brands reach that spendthrift audience both in China and abroad. The scale of Tencent’s audience is staggering. WeChat alone has 963 million monthly active users, nearly three times... Continue reading »

by Allison Schiff // September 21st, 2017 //
»
The China Challenge: Lessons From Criteo’s Quiet Exit

You’ve got to be a tough cookie and have good fortune to crack the China market. And success in other regions is not a guarantee of success in the People’s Republic. Such was the case with Criteo, which, after investing heavily in the domestic China market, discreetly pulled out in late May, nearly three years... Continue reading »

by Allison Schiff // July 6th, 2017 //
»
Can China Develop Viewability Standards?

Chinese advertisers want viewability standards – but the country’s unique media landscape offers unusual challenges. “There is definitely a growing concern among advertisers here about wasted media budget and the transparency of their media buying,” said Martin Zhang, CEO and founder of Shanghai-based verification firm Adbug. Zhang is also chair of a Mobile Marketing Association China... Continue reading »

by Allison Schiff // January 26th, 2017 //
»
Ad-Juster Is The Latest Ad Tech Company To Get Acquired By Chinese Investors

The Chinese ad tech acquisition drumbeat continues. On Wednesday, Shanghai-based private equity firm Innotech bought data aggregator and discrepancy management company Ad-Juster. Terms of the deal were not disclosed, but industry sources told AdExchanger the sale was well within the eight-figure range. Even at the potential high end, that doesn’t touch the astonishing deal prices... Continue reading »

by Allison Schiff // January 18th, 2017 //
»
Zenith: PMPs Will Overtake RTB Buying By 2018

Programmatic ad spend will grow faster globally than all other buying methods in 2017, according to Zenith’s Programmatic Marketing Forecast, released Monday. Zenith also reported that premium buying models like private marketplaces (PMPs) are taking off as RTB tapers off. Globally, programmatic will account for 64% of digital display spend by 2018, or $64.1 billion. “We... Continue reading »

by Alison Weissbrot // November 28th, 2016 //
»
Indie Chinese Agency Hylink Digital Has Designs On The US

Chances are you haven’t heard of Hylink Digital Solutions. But it’s the largest independent agency in China, has been around for 22 years, employs 2,200 and just opened its first US office in Santa Monica in late September. Think of Hylink as a sort of hybrid between Merkle, Hill Holliday and Wieden+Kennedy. “Hylink isn’t really a... Continue reading »

by Allison Schiff // October 24th, 2016 //
»
Chinese Tech Giant LeEco Enters The US With A Bang

LeEco, the Chinese electronics company that shelled out $2 billion for smart TV manufacturer Vizio in July, held a splashy event Wednesday in San Francisco to mark its entry into the US, where it could one day give Apple a run for its money. Beyond making a selection of its smart devices available in the... Continue reading »

by Allison Schiff // October 19th, 2016 //
»
AdRoll Is Digging To China

In a bid to capitalize on digital ad growth in China, AdRoll has recruited a new adviser with lots of experience in the country and is developing a go-to-market strategy. Peter Cheng is Tencent’s former GM for ad platforms and products, as well as the former COO of AdChina (which sold to Alibaba in January... Continue reading »

by Allison Schiff // October 12th, 2016 //
»
Luma And JEGI: Ad Tech Companies Shouldn’t Bet On A Chinese Buyout

Are the Chinese buyers that have been feasting on Western ad tech companies just starting on their appetizers? Eastern buyouts marked the biggest shift in merger and acquisition (M&A) activity in the ad tech space this past quarter, said Terry Kawaja, CEO of Luma Partners, which released its Q3 M&A report on Friday. “What’s been... Continue reading »

by Alison Weissbrot // October 3rd, 2016 //
»
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