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AdChina, Inc.
AdChina Completes First Round of Funding
June 27th, 2008
AdChina, a Shanghai-based online advertising network, announced that it has closed its first round funding of $10 million led by Mayfield China. AdChina was founded in April 2007 by a team of executives from the Internet and advertising technology space. AdChina has built the best targeting technology solution in China, serving brand advertising into verticals like women, teenager, auto, finance, and consumer electronics, etc. Headquartered in Shanghai, the company has established regional sales offices in the major tier one cities, and signed up premium brand advertisers like Unilever, L'Oreal, Adidas, etc. Powered by a robust consumer market and...
Source: Health Business Week (2008-06-27)
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