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Mobile Ad-Tech Firm Glispa Global Group Profitable For Seven Consecutive YearsBERLIN, SAN FRANCISCO, BEIJING, TEL AVIV, LONDON, and SÃO PAULO, March 2, 2016 /PRNewswire/ -- glispa, the high-performance mobile advertising pioneer, is pleased to announce significant growth. According to eMarketer, the worldwide mobile ad market will grow to nearly $133.7 billion in 2017, up over 94.7% percent from 2015. That figure will reach $166.6 billion by 2018, when mobile ads will account for 24.1% of all advertising spending worldwide. "We continue to run a highly sustainable, profitable and award-winning business," said glispa founder and CEO Gary Lin. "I'm particularly proud of the diverse staff and leadership team we've assembled this year and their ability to scale our growth and translate that to better performance for our advertisers, publishers and overall business." glispa 2015 highlights include:
In March of last year, glispa also secured a strategic investment from Market Tech Holdings (LSE: MKT) which took a 75% ownership stake in the Company. The Market Tech group has a market cap of approximately $1.2B USD. "In the year ahead, glispa plans to invest in its mobile ad tech foundation with a combination of acquisitions and organic growth. This will bolster glispa's monetization and supply-side business as well as its overall analytics and audience profiling. We're also expanding our global reach into high-growth smartphone markets to further strengthen our ad-tech market differentiation and advantage," added Gary Lin. About glispa glispa maintains an international reach of about one billion active mobile users monthly. Some of the world's largest mobile brands, including Gilt, OLX, Baidu, Deezer, Kabam, Match, Zynga and Gumi, use glispa's global impact and dedicated, multicultural teams to expand their business and accelerate growth around the world. Major new client wins in 2015 included Twitter, Square Enix and Lazada. Headquartered in Berlin, with offices in Beijing, Bangalore, San Francisco, Tel Aviv and São Paulo, glispa employs a multinational team representing 40 nationalities speaking 24 languages. To contact glispa, connect with us: http://www.glispa.com. Photo - http://photos.prnewswire.com/prnh/20160301/339299
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mobile-ad-tech-firm-glispa-global-group-profitable-for-seven-consecutive-years-300228939.html SOURCE glispa |