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Top Executives Quit Chinese Internet Advertising Company
November 9, 2011Chinese Internet advertising provider Allyes AdNetwork has witnessed a high-level executive shake-up with both the CEO and COO departing the company.
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Focus Media Dumps Chinese Internet Advertising Company Allyes
July 31, 2010Chinese digital media firm Focus Media Holding Limited has entered into a definitive share purchase agreement to sell to Silver Lake a 62% indirect equity ownership of its Internet subsidiary, Allyes Online Media Holdings Ltd and its consolidated subsidiaries and affiliates, for USD124 million.
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Focus Media Implements Allyes MBO As Digital Advertising Revenue Plummets In China
March 17, 2010Chinese digital media group Focus Media has announced that the company and its subsidiary Allyes will implement a management buyout, acquiring a 38% stake in Allyes for USD13.3 million.
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Chinese Internet Advertising Company Submits IPO Application
September 22, 2008China's Focus Media (FMCN) announced that its wholly owned subsidiary Allyes Online Media Holding Ltd. is preparing to be listed in the United States.
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