Brand management company BlueFocus Communication Group will acquire two major mobile advertising companies Domob Limited and Madhouse Inc. The report revealed that BlueFocus will acquire a 100% stake in Domob Limited and a 95% stake in Domob Network Technology for USD289 million; and the company will acquire a 51% stake in Madhouse Inc. for USD61.2 […]
China’s Cheetah Mobile has acquired the entire stake in the global mobile marketing company MobPartner for USD58 million. The payment will be reportedly realized in cash and stock. Fu Sheng, chief executive officer of Cheetah Mobile, said that by integrating Cheetah Mobile’s large and increasing mobile traffic with MobPartner’s global advertiser resources, leading mobile advertising […]
Wang Yong, chief executive officer of DeNA China, announced in an internal email that he will resign his position as CEO at the end of January 2014. Wang also said after his resignation, Ren Yi, vice president of DeNA China, will take control of the China business. This has reportedly all been confirmed and decided […]
