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Allyes Unveils Ad Exchange Platform for Publishers

Tencent Tech, 12/03/12

Chinese digital media advertising firm Allyes Group announced the launch of MediaMax, a supplier platform for media organizations incorporating a range of sales models. Read More

Rumor: Allyes CEO, COO Resign

Sina Tech, 11/07/11

Multiple industry sources have reported that amid a shakeup within Chinese ad agency Allyes yesterday, CEO David Zhu and COO Davis Zhou have resigned and the company's major shareholder, global IT private investment firm Silver Lake, has appointed interim replacements. Read More

Tudou to IPO on Nasdaq

Tencent Tech, 11/10/10

Chinese video site Tudou has submitted its prospectus to IPO on the Nasdaq Global market under the ticker symbol TUDO to the U.S. Securities and Exchange Commission (SEC). Read More

Focus Media Sells Allyes to Sliver Lake

Focus Media PR, 8/02/10

Chinese digital media group Focus Media (Nasdaq: FMCN) today announced that it has entered into a definitive share purchase agreement with global IT private investment firm Silver Lake to sell its 62% indirect equity ownership in online advertising subsidiary, Allyes Online Media Holdings Ltd. Under the terms of the agreement, Silver Lake will pay USD 124 mln to Focus Media, in exchange for the equity ownership of Allyes held by Focus Media. Read More

Rumor: Allyes IPO Delayed by Poor Performance and Staffing

Sohu IT, 12/09/09

According to sources in the investment sector, Chinese digital media group Focus Media's (Nasdaq: FMCN) plans to spin-off and list its online advertising subsidiary, Allyes AdNetwork, on a domestic exchange have been delayed due to a recent exodus by senior management and sagging performance. Read More

Former Allyes CEO Obtains Funding for New Startup

Sohu IT, 10/21/09

Chinese online sales solution provider Jusheng Wanhe, the new company of former Allyes AdNetwork CEO Yang Jiongwei, has completed its first round of funding with investment from LightSpeed Venture Partners. Read More

Focus Media Restructuring to Pull Down Q3 Revenues

Sina Tech, 10/19/09

Jason Jiang, CEO of Chinese digital media and Internet advertising operator Focus Media (Nasdaq: FMCN), has said that the company's restructuring of its low-profit secondary business operations, which will involve five or six of the company's subsidiaries, is expected to be complete in the fourth quarter. Read More

Focus Media to Reconsider Allyes IPO

Sina Tech, 12/23/08

CEO of Focus Media (Nasdaq: FMCN), Jason Jiang, has said that his company is to reconsider IPO plans for its online advertising subsidiary Allyes, and that after the sale of its out-of-home advertising network to Sina, Allyes comprises Focus Media's main remaining business. Read More

Rumor: Google to Purchase Allyes

Tencent Tech, 12/19/08

Chinese digital media group Focus Media (Nasdaq: FMCN) has announced plans to sell its multimedia subsidiary Allyes AdNetwork, which will be acquired by Google through its advertising subsidiary DoubleClick. Read More

Focus Media Ad Subsidiary Files for IPO

Focus Media Press Release, 9/19/08

Chinese multi-platform digital media company Focus Media (Nasdaq: FMCN) today announced online advertising subsidiary Allyes Online Media Holding Ltd, has confidentially submitted to the U.S. Securities and Exchange Commission a draft registration statement for a proposed IPO. Read More