Sina to cooperate with Focus Media
January 6th, 2009
Sina Corp, China‘s largest portal website announced last month that it would make a deal with Focus Media, which is allowed to be one of China’s biggest advertising conglomerates.
The digital advertising business in the deal may be worth over $1.3 billion, with Sina acquiring Focus Media’s business in office buildings, elevators and supermarkets. The deal contributed 52% of Focus Media’s total Read more…
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