Predict your next investment

INTERNET | Internet Software & Services / Advertising Network or Exchange
adchina.com

See what CB Insights has to offer

Stage

Acquired | Acquired

Total Raised

$40M

Revenue

$0000 

About AdChina

AdChina is a Chinese online ad network offering AdManager, AdTarget, and AdContent platforms.

AdChina Headquarter Location

Xujiahui Road

Shanghai, Shanghai, 200025,

China

+(86.21)-62-675-588

Latest AdChina News

Venture-Backed AdChina To Be Acquired By Alibaba

Jan 15, 2015

Like our Facebook page and follow us now on Twitter @chinamoneypod . Chinese e-commerce giant Alibaba Group Holdings is planning to acquire a controlling stake in integrated Internet advertising platform AdChina Limited to expand its footprint in the digital advertising space, according to an official announcement AdChina posted on its Weibo account. No transaction details are disclosed. In 2012, AdChina filed for an IPO on the NASDAQ to raise as much as US$100 million, but the plan did not go through. Founded in 2007, AdChina received undisclosed series A financing led by GSR Ventures in 2008. In 2009, it completed series B round of financing led by Richmond Management, with participation from GSR Ventures and New York-based media conglomerate the News Corporation. In 2010, its series C financing was led by Norwest Venture Partners, with participation from certain existing investors, according to information posted on its website . AdChina will continue to operate its business independently. It will also work together with Alimama, Alibaba's own online marketing and advertising platform, to accelerate its market expansion in the sector.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing AdChina

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

AdChina is included in 1 Expert Collection, including ad tech.

a

ad tech

3,631 items

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.