Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

WPP Digital Purchases Stake in HDT

WPP Press Release, 4/22/08

WPP Digital, the digital investment arm of WPP, has acquired a minority stake in Chinese rich media advertising and technology company HDT Holdings. HDT's product portfolio includes products for rich media and video ad-serving, contextual targeted advertising and an advertising network with over 200,000 sites delivering 150 mln page views a day.

HDT was founded in 1999 and employs over 270 people in Shanghai, Beijing and Guangzhou.

CA-JAIC China Internet Fund, Chengwei Ventures, Manitou Ventures and Sequoia also own stakes in HDT Holdings.

Editor's Note: To view the full details of WPP's press release, please click here.

Keywords: M&A HDT online advertising CA-JAIC China Internet Fund Chengwei Ventures Manitou Ventures Sequoia Capital Internet WPP


Please note, all fields are required.
None of your personal information will be shared with third parties.


Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports