Hivestack Launches Programmatic Digital Out of Home (DOOH) Marketplace in Malaysia
PR94073
KUALA LUMPUR, Malaysia and MONTREAL, Jan. 18, 2022 /PRNewswire=KYODO JBN/--
-- Industry first: a truly programmatic DOOH solution arrives in the Malaysia
market
Hivestack (
), the world's leading independent programmatic digital out of home (DOOH) ad
tech company today announced the launch of full operations in Malaysia. Now for
the first time, brands, agencies and omnichannel demand-side platforms (DSPs)
in Malaysia can access the Hivestack platform to plan, activate and measure
programmatic DOOH campaigns, via Private Marketplace (PMP) and Open Exchange
deals.
Hivestack has announced partnerships with GroupM who they have a partnership
with in 14 countries globally, and dentsu-owned Posterscope who have already
activated a live campaign in December 2021. These agency clients now have the
opportunity to use data-driven audience targeting to activate campaigns within
Malaysia as well as outside-in buys across Hivestack's premium global network.
As part of the expansion into Malaysia, Hivestack has also signed some of the
largest and most powerful OOH/DOOH media owners via the Hivestack Supply Side
Platform (SSP), including BIG Tree, Seni Jaya, Spectrum, Laguna, Lantern Media,
Sky Blue, Power Screen, WOW Media, Era Jaya, AOS Media. These media owners will
be able to monetise their premium DOOH inventory by connecting to a worldwide
pool of advertisers in real-time.
"We're thrilled to announce our Malaysia market launch to accelerate the
adoption of programmatic DOOH across SEA," said Matt Bushby, Managing Director
ANZ & SEA, Hivestack. "We've already seen incredible success in other markets
across the region and look forward to utilising our full stack platform to
drive growth in this new market."
The announcement also coincides with Hivestack's appointment of Pearly Teong,
hired as VP Demand Malaysia & Thailand. Pearly joins the business from Amobee
and with her strong industry experience and market expertise, is well placed to
drive programmatic DOOH forward in Malaysia to make this market launch a big
success.
Out of home (OOH) advertising expenditure in Malaysia has been on a consistent
rise (
) since 2012 and was projected to reach 19 percent share of the total
advertising expenditure in 2021. With programmatic DOOH now possible in the
market, marketers will be able to utilise data-driven targeting precision,
agile buying models and unprecedented audience measurement capabilities to
drive further growth for the channel in 2022 and beyond.
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.
Media contact: Ginny Bourne
Global Communications Director
Hivestack
ginny@hivestack.com
SOURCE: Hivestack Inc.
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