The Digital Source For China's Tech Innovation Since 2000

Search
Close

Focus Media Targets Four Online Media

March 20, 2007
Business

Local media reports that Focus Media will soon begin another round of acquisitions with the purchase of four Internet companies.

According to the reports, Focus Media has turned its eyes to the four online media companies, two of which are located in Shenzhen, one in Beijing and another in Zhengzhou in Henan Province. Focus Media has reportedly chosen them because each has a leading position in their respective sectors and has made remarkable achievements in wireless value-added services.

Focus Media may pay the four companies in three schedules. The first schedule will be done in cash and the remaining two schedules done according to the target company's performance.

Earlier this year, Focus Media acquired Allyes, a Shanghai-based online advertisement and marketing solution provider for US$225 million.

Tags: advertising | Allyes | Beijing | cash | Focus Media | Guangdong | Henan | Internet | marketing | media | online | online media | performance | Shanghai | Shenzhen | technology | Three | Wireless | wireless value-added services | Zhengzhou

Other Related News:

Netease Offers Unlimited Capacity Email Service

September 14, 2007

eLong.com Gets New CEO

February 8, 2006

Xiaomi Mi Mix Fold is now cheaper than iPhone 13 Pro in China

October 30, 2021

New COO Joins KongZhong

November 17, 2008

India's '$300 billion goal' to take on China, Vietnam in electronics manufacturing

January 25, 2022

Didi Chuxing Formally Entered Colombia, Chile

June 7, 2019

Intel Capital Expands China Investments

August 15, 2005

Shanda Posts Annual Revenue Figures

March 2, 2011

Naples Global Advisors LLC Acquires 3,871 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Dakota Financial News

September 4, 2021
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....