China’s largest search engine Baidu is getting an offline revenue boost after it led a $300 million strategic round in Xinchao Media, a company that shows people ads when they’re waiting for an elevator – or stuck in one. The tie-up will see the partners collaborate on data integration that knits reams of search data […]
View More Baidu leads $300M investment to bring its search smarts to elevator adsCategory: focus media
LinkedIn’s China rival Maimai raises $200M ahead of planned US IPO
Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Maimai, China’s biggest rival to LinkedIn, has revealed today that it received a $200 million D Series investment back in April in what the company claims to be the largest investment in the professional networking market. That’s surprising but […]
View More LinkedIn’s China rival Maimai raises $200M ahead of planned US IPOAlibaba boosts its offline reach with $2B+ investment in outdoor digital marketing firm
Alibaba is investing big bucks into offline distribution. The Chinese e-commerce giant has forked out $2.23 billion in exchange for a sizeable piece of Focus Media, a Shanghai-based company that operates outdoor digital advertising screens across China, Singapore and Hong Kong, according to a U.S. filing. The deal itself is broken up into a few pieces. Alibaba itself […]
View More Alibaba boosts its offline reach with $2B+ investment in outdoor digital marketing firm