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About Weiba Information Technology

Weiba Information Technology is a Hangzhou-based mobile marketing solutions provider. Weiba provides enterprise marketing services on Chinese internet and mobile services firm Tencent's (0700.HK) WeChat mobile messaging app.

Weiba Information Technology Headquarter Location

Hangzhou, Zhejiang ,

China

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Latest Weiba Information Technology News

WeChat Marketing Company Weiba Acquires Rival

Jul 7, 2014

iResearch, 7/05/14 In late June, Hangzhou-based mobile marketing solutions provider Weiba Information Technology acquired rival mobile ad solutions provider Dingyue Electronic Technology. Both companies provide enterprise marketing services on Tencent's (0700.HK) WeChat mobile messaging app. As per the agreement, Dingyue's "Weixin Cailutong" WeChat-based marketing solution will be merged with Weiba's own "Weixin Shengyibao" WeChat solution. Dingyue has already changed its online company description to the "Guangzhou office of Weixin Shengyibao. " The deal marks the first known merger in the domestic WeChat-focused third-party marketing sector. Weiba initiated its acquisition program in early 2014, with plans to purchase and merge with multiple domestic small- and medium-sized WeChat-focused third-party marketing services firms. Editor's Note: For a detailed analysis of WeChat's monetization strategy, please consider purchasing Marbridge's recently released 2014 Chinese Mobile Instant Messaging Market Report . Please note, all fields are required. None of your personal information will be shared with third parties. Name:

Weiba Information Technology Acquisitions

1 Acquisition

Weiba Information Technology acquired 1 company. Their latest acquisition was Dingyue Electronic Technology on July 05, 2014.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/5/2014

$99M

Acquired

1

Date

7/5/2014

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

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