MOBVISTA (01860) introduces Temasek Holdings as a shareholder, long-term value is recognized.
Mobvista (01860), a technology company, announced today that Temasek, an international investment company headquartered in Singapore, has completed a strategic equity allocation in the company worth 150 million US dollars.
MOBVISTA announces today that Temasek, an international investment company headquartered in Singapore, has completed a strategic equity allocation to the company valued at $150 million. After the transaction is completed, Temasek will serve as a strategic shareholder, providing long-term support for MOBVISTA's global expansion.
As a benchmark for global development and a leader in AI advertising technology infrastructure, MOBVISTA has always adhered to technology-driven and compliance operations. The Mintegral platform, with over 80% of ad revenue supported by AI intelligent bidding algorithms.
Mobvista Co-founder and CEO Cao Xiaohuan said: "Temasek's strategic stake is an important milestone in Mobvista's global expansion process. The optimization of the strategic equity structure will further expand the company's international vision. We will continue to deepen the AI advertising engine infrastructure and provide developers around the world with more certain growth services."
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