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Aggregated China Business Blogs
Venture-Backed Lomark Receives $18M Strategic Investment
Aggregated Source: China Money Network
Chinese marketing firm Guangdong Advertising Co., Ltd. plans to acquire 15% of Lomark, a venture-backed mobile advertising firm based in Shenzhen, for RMB112.5 million (US$18 million), according to a regulatory filing. The strategic investment in Lomark will expand Guangdong Advertising's mobile advertising offerings, and the two companies will cooperate on improving their existing advertising products. […]


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