| Type | Public |
|---|---|
| Industry | Advertising |
| Founded | 2003 (2003) |
| Headquarters | Shanghai, China |
Key people | Jason Jiang (chairman & CEO) Weiwei Kong (CFO) |
| Revenue | $0.9 billion USD (6.06 billion RMB) (2021) |
| $2.176 billion USD (14.84 billion RMB) (2021) | |
| $23.548 million USD (2005) | |
Number of employees | 5309 |
| Website | www |
Focus Media Information Technology (known simply as Focus Media and formerly Focus Media Holding) is an international out-of-home advertising and digital media company. Founded in 2003 by advertising executive Jason Jiang, who serves as CEO. The company pioneered global elevator-based advertising model and operates in over 15 countries across 5 continents which consist predominantly of digital signage screens and residential apartments, together with community space advertising. Since December 2015 the company has traded on the Shenzhen Stock Exchange under the stock code 002027.
History
In May 2013, Focus Media was subsequently taken private and delisted from the Nasdaq by a private equity consortium that included FountainVest Partners, The Carlyle Group, China Everbright and CITIC Capital.1
In June 2015, Focus Media reached a $7.4 billion deal to list on the Shenzhen Stock Exchange via reverse merger.2 Its market value breaks through 100 billion yuan. In 2016, Focus Media was included in the Shanghai and Shenzhen 300 Index.3 In 2017, Focus was included in the MSCI China A-share Index, and in 2024, Focus was included in the CSI A50 Index.4
References
References
- "Focus Media accepts US$3.7b buyout offer". South China Morning Post. 2012-12-21. Retrieved 2023-06-22.
- Gough, Neil (2015-06-03). "Focus Media Reaches $7.4 Billion Deal to List in Shenzhen". The New York Times. ISSN 0362-4331. Retrieved 2023-06-22.
- "The CSI 300 Index (000300)". www.csindex.com.cn. Retrieved 2024-12-02.
- "The SSE 50 Index (930050)". www.csindex.com.cn. Retrieved 2024-12-02.
Official Websites
- Focus Media Australia
- Focus Media Brazil
- Focus Media British Virgin Islands
- Focus Media Canada
- Focus Media China
- Focus Media Germany
- Focus Media Hong Kong (China)
- Focus Media India
- Focus Media Indonesia
- Focus Media Japan
- Focus Media Malaysia
- Focus Media Singapore
- Focus Media South Korea
- Focus Media Thailand
- Focus Media United Arab Emirates
- Focus Media United Kingdom
- Focus Media Vietnam