World-leading media agencies partner with Hivestack to deliver programmatic digital out of home (DOOH) for advertisers in Hong Kong
PR93663
HONG KONG and MONTREAL, Dec. 14, 2021 /PRNewswire=KYODO JBN/ --
-- Hivestack strengthens its Demand Side Platform (DSP) business in Hong Kong
through new partnerships with GroupM, Xaxis, Publicis, Havas and dentsu
international Hong Kong
Hivestack (
), the world's largest, independent, programmatic digital out of home (DOOH) ad
tech company has been selected as programmatic digital out of home (DOOH)
partner by several leading global advertising and media companies including
GroupM (
), Xaxis (
https://c212.net/c/link/?t=0&l=en&o=3387720-1&h=1298246293&u=https%3A%2F%2Fwww.xaxis.com%2F&a=Xaxis
), Publicis (
), Havas (
https://c212.net/c/link/?t=0&l=en&o=3387720-1&h=203278966&u=https%3A%2F%2Fwww.havas.com%2F&a=Havas
) and dentsu International Hong Kong (
).
Hong Kong-based advertisers will now be able to capitalize on the benefits of
programmatic buying, activating against premium programmatic DOOH inventory
through the Hivestack DSP via Open Exchange and Private Marketplace deals.
Programmatic DOOH is one of the fastest growing channels in Hong Kong and
provides crucial opportunities for media buyers to plan and deliver
contextualized, targeted and measurable campaigns at scale across premium DOOH
inventory in the region.
The announcement follows Hivestack's major expansion (
) to its DOOH inventory supply in June 2021, delivering 210 million monthly
impressions and, in turn, transforming how brands connect with audiences in OOH
across Hong Kong. In addition to its premium DOOH supply within Hong Kong,
Hivestack will also offer it's new demand partners the unique opportunity for
inside-out buys across China and the world at large, due to its market leading
global supply.
Troy Yang, Managing Director of Hivestack, North Asia said: "These partnerships
are a testament to continued growth of programmatic DOOH opportunities across
North Asia, we are delighted to have the opportunity to work with such
influential leaders in media and advertising to pioneer programmatic DOOH in
Hong Kong."
"It's great to have partnered with Hivestack who continue to drive programmatic
digital out of home (DOOH) in Hong Kong." Kenny Ip, Head of Investment, Hong
Kong, GroupM
Andy Chung, Managing Director, GroupM - Xaxis & INCA commented: "Apart from
overlaying data & retargeting, one of the key benefits of programmatic DOOH for
marketers is that we can programmatically deliver the digital screen ad based
on preferred weather conditions across a bundle of digital outdoor billboards
with CPM pricing model. The ad can be programmed to stop automatically when it
is raining or under typhoon signals thereby achieving cost savings to
marketers. We are pleased to recognize that Hivestack is the pioneer and
specialist in this area, capable of advanced solutions & features. We look
forward to working with Hivestack and bringing these benefits to our GroupM
clients."
"This is an incredibly exciting time for the DOOH market in Hong Kong. We look
forward to collaborating with our new partners at Hivestack to leverage their
market leading programmatic technology and offer our clients a way to precisely
engage audiences outside of the home," said Tammii Pang, Head of PMX, Publicis
Media, Hong Kong
Andrew Cawte, Managing Director, Havas Media Hong Kong said, "Thanks to our
partnership with Hivestack, we at last have the opportunity in Hong Kong to buy
premium programmatic DOOH inventory, at scale. This is game changing for
advertisers here."
"As an integrated solutions provider, we are glad to partner with Hivestack to
offer a more seamless and innovative consumer journey for our clients, as DOOH
is becoming an increasingly vital media touch point." Anna Chan, CEO of Media
LoB, dentsu International Hong Kong
Hivestack has established itself as a leader in the programmatic DOOH space
across the globe with its suite of proprietary technology and advertising
solutions that span both the supply and demand side of programmatic DOOH.
Hivestack has seen significant growth in 2021 following several global
expansions including China (
), Hong Kong and Taiwan earlier this year, most recently onboarding new premium
supply side partnerships in Hong Kong (
).
About Hivestack (
)
Hivestack is the largest independent, global, full stack, marketing technology
company, powering the buy and sell side of programmatic digital out of home
(DOOH) advertising. Hivestack was founded in 2017 with headquarters in
Montreal, Canada and operates in 25+ countries across the globe. For more
information, please visit hivestack.com (
) or follow us on LinkedIn, Twitter and Facebook @hivestack.
About GroupM (
)
GroupM is the world's leading media investment company responsible for more
than $60B in annual media investment through agencies Mindshare, MediaCom,
Wavemaker, Essence and m/SIX, as well as the outcomes-driven programmatic
audience company, Xaxis and influence marketing company, INCA. GroupM's
portfolio includes Data & Technology (Choreograph), Investment and Services,
all united in vision to shape the next era of media where advertising works
better for people. By leveraging all the benefits of scale, the company
innovates, differentiates, and generates sustained value for our clients
wherever they do business.
Discover more about GroupM at www.groupm.com, @GroupMWorldwide on Twitter (
), and @GroupMWorldwide on LinkedIn (
).
Contact: Andy Chung - Managing Director, GroupM Xaxis & INCA
(andy.chung@groupm.com)
SOURCE Hivestack Inc.
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