Hivestack Expands to China and Appoints Troy Yang as Managing Director of North Asia
PR87617
SHANGHAI and MONTREAL, Jan. 14, 2021 /PRNewswire=KYODO JBN/ --
- Global Ad Tech Leader Expands to Largest Out-of-Home Advertising Market in
the World and Appoints Former SVP of Trade Desk to Oversee North Asia
Hivestack (https://c212.net/c/link/?t=0&l=en&o=3036508-1&h=2110414186&u=https%3A%2F%2Fhivestack.com%2F&a=Hivestack%2C ),
the global ad tech leader in programmatic digital out-of-home (DOOH)
advertising, today announced the expansion of its business operations into
China and the appointment of Troy Yang as Managing Director, North Asia.
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Joining from The Trade Desk, where he was Senior Vice President of North Asia,
Yang will be located in Hong Kong and will hire a General Manager of China to
lead Hivestack's new office in Shanghai, the leading advertising and technology
hub in Greater China.
Reporting to Hivestack's Chief Revenue Officer, Nigel Clarkson, Yang is charged
with expanding operations in North Asia across Greater China, Hong Kong, Japan,
South Korea and Taiwan – including hiring regional talent, and onboarding and
partnering with APAC demand, supply, data and omni-channel DSP partners.
China is the second largest OOH (https://c212.net/c/link/?t=0&l=en&o=3036508-1&h=3233164095&u=https%3A%2F%2Fwww.reportlinker.com%2Fp05151466%2FGlobal-Outdoor-Advertising-Industry.html%3Futm_source%3DPRN&a=OOH ) market in the world,
with DOOH set to scale rapidly through 2021 as programmatic advertising spend was
forecasted to grow by 45.7% in 2020 (https://www.campaignlive.co.uk/article/china-adspend-grow-39-2020-despite-covid-19-dan/1677230 ). More media platforms are adopting
programmatic buying, ad formats are increasingly served programmatically and
advertisers are welcoming the choice of more premium position availability.
As the leading programmatic digital out-of-home full stack offering, Hivestack
will connect Chinese DOOH publishers with growing demand from global brands and
allow Chinese brands to buy outside of China. By integrating with Hivestack,
publishers will be able to monetise their DOOH inventory programmatically and
media buyers will be able to utilise the very best channel-specific DOOH
technology to reach audiences with impression-based targeting across multiple
supply partners on one platform.
Over the last four months, Hivestack has been migrating its tech stack to
Amazon Web Services China and Baidu, which will allow the platform to offer its
clients a full suite of services to run campaigns in Q2. Hivestack will be
bringing demand to Chinese publishers with the launch of a programmatic
campaign from one of the world's leading Fortune 500 technology companies set
to run in Q2, 2021.
"There is huge scope to leverage programmatic technology in digital out-of-home
advertising in China," commented Andreas Soupliotis, Founder and CEO of
Hivestack. "We are excited to lead the transformation in the market, helping
regional publishers to monetise their DOOH inventory through demand from
western brands.
China is a strategic priority for Hivestack and Troy will be a vital asset in
realising the significant commercial opportunities in the country, continued
Soupliotis. His rich experience of the programmatic advertising ecosystem and
the Chinese market, as well as his connections in North Asia, will be key to
helping us realise our ambitious growth plans."
Commenting on his appointment, Yang said, "The opportunity for Hivestack in
China and North Asia is really exciting. I look forward to using my experience
to make Hivestack the go-to programmatic DOOH partner for both publishers and
advertisers in the region."
Yang brings 20 years of experience in accelerating business growth for
companies that specialise in programmatic advertising, analytics and data
across Asia. Before joining The Trade Desk he held senior management roles at
global marketing companies including Nielsen and Analytics Partners.
His appointment, along with further hires in China planned for Q1, form part of
Hivestack's ongoing drive to hire the best talent to support its global growth
in the provision of programmatic DOOH technology.
About Hivestack
Hivestack is the global, full stack, marketing technology company that powers
the buy and sell-side of programmatic digital out-of-home (DOOH) advertising.
On the buy side, marketers use Hivestack's Demand-Side Platform to create
measurable campaigns that activate DOOH screens in real time based on consumer
behaviour and audience movement patterns. On the sell-side, DOOH media owners
use Hivestack's Supply-Side Platform & Ad Exchange to attract programmatic
revenue. DOOH media owners can also use Hivestack's Ad Server to power
audience-based, directly sold campaigns. Attribution is a first class-citizen
throughout Hivestack's platform, offering buyers and sellers the ability to
measure business outcomes at all stages of the consumer sales funnel.
Hivestack is headquartered in Montreal, Canada, and has global operations in
Toronto, Tokyo, London, New York, Mexico City, Shanghai, Sydney and Guadalajara.
Contact: Nikki Hawke, nikki@hivestack.com
SOURCE Hivestack
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