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About WPP China

WPP China, part of WPP (LSE: WPP) (NASDAQ: WPPGY), is a multinational advertising and public relations company that engages in the business of marketing and communications services. Through its operating companies, the Group provides a comprehensive range of advertising and marketing services including advertising & media investment management; data investment management; public relations & public affairs; branding & identity; healthcare communications; direct, digital, promotion & relationship marketing; and specialist communications.

Headquarters Location

WPP Campus: Room 1504B 399 Heng Feng Road

Shanghai, Shanghai,

China

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Latest WPP China News

Alibaba, Tencent und CMC wollen WPP-Teilhaber in China werden

Jul 24, 2018

%%% In China bahnt sich ein ungewöhnlicher Deal an: Die beiden Tech-Giganten Alibaba und Tencent sowie die staatsnahe Investment-Gesellschaft China Media Capital Holding (CMC) führen derzeit Gespräche, um als Gesellschafter bei WPP China zu werden. Sie wollen Anteile im Wert von rund 2,13 Millarden Euro (2,5 Millarden US-Dollar) kaufen. Damit würden die drei zusammen 20 Prozent der Anteile an WPP-China halten. Auch wenn sich die Gespräche erst im Anfangsstadium befinden, sieht es danach aus, dass eine neue Holding entstehen könnte - mit WPP als Mehrheits-Gesellschafter und Alibaba, Tencent sowie CMC mit je gleichen Anteilen. Ursprünglich hatten Ex-CEO Sir Martin Sorrell und WPP non-Executive Director Ruigang Li, der Gründer von CMC, erste Sondierungsgespräche geführt. Nun waren WPP-Chairman Roberta Quarta und Chief Operating Officer Andrew Scott im Juli 2018 in China und setzten die Verhandlungen offenbar fort. Die Tech-Giganten Alibaba und Tencent setzen viel daran, ihre Werbe- und Marketing-Expertise auszubauen und In-House Werbe-Agenturen zu gründen. Beide Unternehmen sind bereits eine Partnerschaften mit WPP eingegangen. GroupM unterzeichnete 2017 eine strategische Partnerschaft mit Alibaba und 2016 eine Social Media-Partnerschaft mit Tencent.

WPP China Frequently Asked Questions (FAQ)

  • Where is WPP China's headquarters?

    WPP China's headquarters is located at WPP Campus: Room 1504B, Shanghai.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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