Subscribe free to our newsletters via your
. Energy News .




TRADE WARS
French Publicis to buy a fourth Chinese ad company
by Staff Writers
Paris (AFP) May 14, 2012


French advertising group Publicis is pursuing growth in China and said on Monday that it would buy the domestic agency Lontuo, Publicis' fourth Chinese acquisition in four months.

Financial details were not provided.

Longtuo was created in 2000 and employs 200 people in Beijing, Shanghai and Guangzhou who handle "a portfolio of prestigious Chinese clients," a statement said.

Longtuo also works for the French automaker Renault and cosmetics group Yves Rocher in China.

Publicis operations director Jean-Yves Naouri said the purchase of Longtuo would enable Publicis to "offer international clients a very high level of local savoir-faire (know-how)" in China.

In addition, the deal is expected to "open doors to many important clients," and could result in a leap in the group's online activity in China, he said.

The sector research group Forrester has estimated that China's online advertising market will be worth 94.6 billion dollars in 2012, Naouri noted.

It could become the world's leading online market by 2015 if an estimated growth rate of 92 percent per year holds up, according to eMarketer, another company cited by Publicis.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
Death for Chinese man accused of lethal blast
Beijing (AFP) May 14, 2012
A man was sentenced to death on Monday after being convicted of causing a blast in central China that killed two people and wounded several others, state media reported. Wang Haijian was given the death penalty at a court in Wuhan city, and his associates Wang Wei and Wang Anan were jailed for 10 and six years respectively, the China News Service said. The three were found responsible fo ... read more


TRADE WARS
Australia to become energy superpower?

Top Five Figures Influencing Renewable Energy in US

Deal sought on EU efficiency directive

Growth of Carbon Capture and Storage Stalled in 2011

TRADE WARS
Nord Stream studies two more pipelines

Gazprom considers gas deliveries to Japan via pipeline

Putin expects a lot from Rosneft, Statoil deal

Philippines, China impose fishing bans in disputed sea

TRADE WARS
Opening Day Draws Close for Janneby Wind Testing Site

NASA Satellite Measurements Imply Texas Wind Farm Impact on Surface Temperature

Scientists find night-warming effect over large wind farms in Texas

DoD, Navy and Wind Farm Developer Release Historic MoA

TRADE WARS
Winner of the PV Project of Distinction Award at PV America West Monitored by AlsoEnergy

Secrets of the first practical artificial leaf

GeoGenix Announces 20 New Residential Solar Projects

Solar Energy World Brings Sustainability to Soccer

TRADE WARS
Firms fear summer meltdown in nuclear-free Japan

Japan's TEPCO posts $9.76 bn full-year net loss

New Romanian PM keen to expand nuclear plant

Japan town approves nuclear reactor restart

TRADE WARS
Better Plants for Biofuels

Better plants for biofuels

The Andersons Finalizes Purchase of Iowa Ethanol Plant

USA Leads World in Exports of Ethanol

TRADE WARS
Long March-2F rocket delivered to launch center

China's Lunar Docking

Shenzhou-9 may take female astronaut to space

China to launch 100 satellites during 2011-15

TRADE WARS
Worst drought in 50 years takes toll in northern Brazil

Caltech researchers use stalagmites to study past climate change

European mountain plant population shows delayed response to climate change

Support for climate change action drops




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement