Alibaba invests $2B+ in China’s biggest digital outdoor advertising firm (TechCrunch)
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. […]
Thu, Jul 19, 2018 at 11:55 PM