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Focus Media Buys Allyes Online Chinese Advertising Network

Aggregated Source: ChinaTechNews.com
February 28, 2007|

Finally putting rumors to rest, Focus Media (FMCN) says it is acquiring Allyes Information Technology Company Limited, the largest Internet advertising service company in China. David Zhu, Chief Executive Officer of Allyes commented, "I believe rich-media advertising will become the dominant form of Internet advertising and Allyes, with our technology strengths and the wide coverage, will [...]

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