WeChat is testing out adverts, according to numerous screenshots floating around the web today. The adverts are in the WeChat Moments section of the app, which is a bit like the Facebook timeline. The first ever ad inside WeChat Moments seems to be a test by Tencent itself. It shows a Moments post by WeChat’s own official account showing up labelled as a “promoted” post in random people’s timelines.
Alibaba announced in a statement today it has bought a majority stake in AdChina, the country’s largest independent digital advertising technology platform. The investment sum was not disclosed. AdChina will now work closely with Alimama and Aliyun, Alibaba’s marketing and cloud computing units, respectively. Together they will developed an end-to-end marketing service, which Alibaba says will allow it to increase brand-building and sales integration now used by companies and merchants.
MOBILE marketing platform company Vserv has announced a partnership with PT XL Axiata Tbk (XL), which it said is the second largest telecom service operator in Indonesia. The partnership will integrate Vserv Smart Data platform with XL Axiata to help drive higher ROI (return on investment) for mobile entertainment companies, Vserv said in a statement.
The internet ecosystem may exist thanks in large part to the revenue ads generate, but most users would probably still agree: ads are annoying. That’s especially true in the cases of those pesky ads that just don’t want to let you close them – the ones that don’t feature an obvious X to close them out or the ones where the X doesn’t close the ad and instead takes you to another site. But that kind of online advertisement may soon be illegal in China.
Providers of online advertising services in the China market generated total revenues of CNY43.55 billion (US$7.06 billion) in third-quarter 2014, growing 16.7% sequentially and 51.4% on year, according to Analysys International. Among different types of online advertising, keyword search accounted for 38.9% of the total revenues, followed by brand images/text (advertising space) with 25.2%, video with 23.2% and e-mail with 0.8%, Analysys indicated.
Nguyen Thi Thanh Huyen, head of the e-information management division of the Broadcasting and Electronic Information Agency, warned that online newspapers may face very high risks as they cannot control the content of the ads. Meanwhile, under current laws, newspapers must take responsibility for their content, including advertising content. If the content in ad pieces is “problematic”, the online newspapers’ editorial board will have to claim responsibility for infringing the law and will have to bear sanctions.
Indian startup AdNear, which provides location-based intelligence for advertising, has just raised US$19 million in series B funding. What is significant is that a leading Japanese venture capital firm, Global Brain, and the VC arm of Australian telecom giant Telstra have come on board, joining existing investors Sequoia Capital and Canaan Partners in this round. AdNear, which started in Bangalore but is now headquartered in Singapore, has taken its unique adtech model across Southeast Asia, Australia, and most recently, Japan.
Softbank, Japan’s robot-loving telco, today announced a business tie-up with Tokyo-based ad tech startup Geniee . Starting next month, Softbank will launch a supply-side advertising platform (SSP), in collaboration with Geniee, which the wireless carrier hopes will give a boost to its internet advertising business. As part of the deal, Softbank will purchase a minority stake in Geniee that accounts for 32.9 percent of the startup’s outstanding shares.
Not so long ago, an ad exchange connecting marketers, advertisers, and publishers with mobile users was the hot new thing. There was no bigger news in late 2012 than social network Facebook kicking off its own ad exchange, FBX , to monetize its millions of users. Just a few months back, Indian superstar InMobi – dubbed “the world’s largest independent mobile advertising network” – launched its ad exchange to capitalize on a growing trend of programmatic buying and selling of ads.
HONG KONG — Google’s problems in China just got worse. As part of a broad campaign to tighten internal security, the Chinese government has draped a darker shroud over Internet communications in recent weeks, a situation that has made it more difficult for Google and its customers to do business. Chinese exporters have struggled to place Google ads that appeal to overseas buyers. Biotechnology researchers in Beijing had trouble recalibrating a costly microscope this summer because they could not locate the online instructions to do so.
Asia Pacific is the fastest growing region in mobile advertising, with India as the most powerful driver in the market. Its mobile-ad impression volume has grown 260 percent since July 2013. This is primarily due to the rapid, nation-wide shift from feature phones to smart devices, which is dominated almost entirely by the Android platform (41.7 percent share, as compared to iOS’ 0.4 percent share).
Everybody loves a reward. Even more so if you get rewarded for something you would’ve done anyway. That’s the premise that FreeCharge, one of India’s hottest startups, began with. It gifts freebies to users who recharge their prepaid mobile phones, direct-to-home satellite television connections, or data cards through the Freecharge platform. Thanks to the mobile explosion in India, the Bangalore-based startup has been growing exponentially – mobile transactions on the FreeCharge app have grown 30 times since January.
Building a global business from Japan is a dicey business. The linguistic, cultural, and enterprise barriers have stymied many Japanese firms, large and small. Adways , a leading ad network, media agency, and app developer, learned this lesson in 2003. The company had expanded to China but was unable to quickly move into other markets. Only after waiting eight years was Adways ready to make its mark on a global scale.
TAIPEI — Yahoo Inc. said Monday its native advertising service in Taiwan is very likely to expand, as the new marketing concept has attracted many brand customers in the country and helped them save costs. The Internet portal said it has landed major brands like Sweden’s furniture retailer IKEA Group, Japanese electronics maker Hitachi Ltd. and South Korean electronics giant Samsung Electronics Co. on its native ads platform, which was launched in Taiwan in late June.
Chinese search giant Baidu reported a 34 percent jump in profit for the second quarter, with mobile ad sales accounting for almost a third of revenue for the first time. Baidu’s profit reached 3.5 billion yuan (US$571 million) for the quarter, while revenue soared 59 percent to 12 billion yuan, at the upper end of its forecast. Mobile made up 30 percent of revenue, which was a first for the company, CEO Robin Li said in a statement. A day earlier, Facebook said it more than doubled its profit in the second quarter, with mobile a big factor.
WeChat, China’s top social network and messaging app today launched the open beta of its advertising platform for official accounts, according to QQ Tech. As we reported earlier when Tencent first started testing the ad service, these WeChat ‘subscription’ accounts are used by brands, small businesses, media, and celebrities to send updates in the form of chat messages. Users can click through these messages to read full posts where the ads appear.
SAN FRANCISCO: Facebook Inc wants its users in India to hang up on advertisers. The Internet social networking company is testing a new type of ad in the country that allows mobile phone users to click a button that calls a brand advertiser, immediately hangs up and then receives a return call. The return call delivers pre-recorded audio messages about everything from sponsored cricket scores to information about shopping discounts, minimising data charges for the user. The so-called “missed call” ad was specially created by Facebook to appeal to users in the world’s second-most populous country, and potentially in other emerging markets.
NEW YORK, NY — (Marketwired) — 06/18/14 — Asia IR-PR, a new investor relations and public relations agency representing Asia-based publicly traded companies, today announced the launching of its website, http://www.asia-irpr.com. The site features information on the agency’s staff and services as well as a blog, Asia IR-PR Voice, carrying news and opinion on the agency’s clients and their industries.
Penang-based rich media mobile ad creator startup, MobileAds (previously known as RichMobileAds) has a received an undisclosed strategic investment from Seattle-headquartered HasOffers. CEO and founder Alvin Koay couldn’t share the exact figure but did say it is a bridge round to its series A. The investment sum is six figures.
Dentsu Digital Holdings (DDH), a wholly-owned subsidiary of Japanese advertising giant Dentsu, announced a US$2 million investment in internet infrastructure platform S-cubism. The investment was made through the firm’s VC arm, Dentsu Digital Fund. DDH had partnered with S-cubism since last February but only disclosed its investment Wednesday.