ADTIGER (1163.HK) revenue grew about 70% year-on-year from 82.0 million RMB to 86.0 million RMB, further promoting domestic digital marketing activities
EQS News / 04/29/2021 / 20:07 UTC + 8
【Immediate launch】April 28, 2021
ADTIGER CORPORATIONS LIMITED
虎視 傳媒 有限公司
(Incorporated in Cayman Islands with limited liability)
(Stock code: 1163.HK)
Announces first quarter 2021 results
Surg Incomeabout 70% yoy to 82.0 million RMB to 86.0 million RMB
Further promotes national digital marketing activities
[Hong Kong – 28 April 2021] Partner of renowned brands and multinational companies in customer acquisition and marketing – AdTiger Corporations Limited (“AdTiger”, with its subsidiaries, the “Group”, stock exchange code: 1163), is happy toreport unaudited operating data for the three months ended March 31, 2021 (the “Period”).
During the period, the Group’s turnover is expectedto reach about 82.0 million RMB to 86.0 million RMB, which is aincrease of around 70.0% compared to the same period in 2020. The advertising expenditure of the Group’s advertisers is expectedto reach about RMB 313.0 million, or about 69.5%increase compared to the same period in 2020, including advertising spending ofabout 19.6 million RMB was placed through Chinese national media publishers.
The Group believes that with our experience and position in the global field of online precision marketing and performance advertising, we have achieved good results in domestic business development. Since the fourth quarter of 2020, the Group has gradually developed cooperative relationships with leading Chinese media platforms such as ByteDance, Kuaishou and iFeng.com and has covered Chinese clients from a wide variety of high growth sectors such as Internet, education, social networking, gaming and e-commerce providers. In the future, we will adopt the development strategy of “Overseas + Domestic + Software as a service (SaaS)”, with the aim of continuously expanding its coverage of Chinese media publishers, strengthening its domestic digital marketing capabilities, aand implement the two-pronged strategy in China and overseas markets, in order to obtain better performance results and therefore create more value for shareholders.