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MobPartner

From EverybodyWiki Bios & Wiki

MobPartner
Subsidiary
ISIN🆔
IndustryInternet
FateAcquired by Cheetah Mobile
Founded 📆2007; 19 years ago (2007)
Founder 👔
Headquarters 🏙️, ,
Area served 🗺️
Key people
Vianney Settini
Products 📟 Mobile advertising
Members
Number of employees
45
🌐 Website[1]
📇 Address
📞 telephone

MobPartner was a mobile advertising network based in Paris, France.[1] MobPartner offered a mobile marketing platform.[2] MobParter offered products like performance-based advertising, mobile affiliate marketing and other mobile marketing services.

History

MobPartner started operations in early 2008 as a builder of mobile websites. The company's base is global, 25% US, 5% Latin America, 30% Europe, 20% Africa (mostly South Africa and Kenya, where mobile is huge) and 20% Asia. The company is based in Paris with a sales office in San Francisco.[3] On August 12, Japanese Social Networking company, GREE and MobPartner announced a partnership to offer developers and publishers on the GREE Platform a new suite of promotion tools and services.[4]

Funding

Four years after founding MobPartner, successfully raised funding of €2.5 million ($3.5 million)[5] in single series A funding round, 29 March 2011.[6] Funding was provided by Alven Capital and New fund capital two venture capital firms.[7]

Acquisition

April 1, 2015, Cheetah Mobile (Chinese Mobile Advertising Company)[8] completed the acquisition of MobPartner.[9] The acquisition was valued at approximately $58 million and was paid in both cash and stock.[10]

MobPartner no longer operates independently, it served as a significant player in the mobile advertising industry, offering performance-based marketing campaigns to advertisers through its premium mobile affiliate network.

References

  1. "MobPartner". Newfund Capital - VC Firm. Retrieved 2024-03-13.
  2. "Mobpartner on Pitchbook".
  3. Gobry, Pascal-Emmanuel. "Mobile Affiliate Network MobPartner Growing 1,000%, Hits 3 Million Transactions". Business Insider. Retrieved 2024-03-13.
  4. "GREE, Inc. - Media - GREE Advertising and MobPartner Team Up in Mobile Ads". GREE, Inc. Corporate Website. 2012-08-02. Retrieved 2024-03-13.
  5. "MobPartner - Raised $3.5M Funding from 3 investors - Tracxn". tracxn.com. 2024-03-23. Retrieved 2024-04-02.
  6. "Mobpartner Successfully completes Series a funding rounds".
  7. Mobile, Cheetah. "Cheetah Mobile Acquires MobPartner for $58 Million To Create a Leading Global Mobile Ad Platform". www.prnewswire.com (Press release). Retrieved 2024-03-13.
  8. Fried, Ina (2015-03-16). "China's Cheetah Mobile Buying Ad Firm MobPartner for $58 Million". Vox. Retrieved 2024-03-13.
  9. "Hongkong Cheetah Mobile Technology Limited, (the main sellers) named herein, the sellers' representative and MobPartner S.A.S. (dated as of: March 15, 2015)". www.sec.gov. Retrieved 2024-03-13.
  10. "Official information about the acquisition of Mobpartner by Chinese Mobile advertising network". www.sec.gov. Retrieved 2024-03-13.

External links


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