Market Catalyst speeds up move into Shanghai

<p>SHANGHAI: Marketing communications start-up, Market Catalyst, has </p><p>brought forward its planned expansion in China with plans to open an </p><p>office in Shanghai by the end of the second quarter. </p><p><BR><BR> </p><p>Market Catalyst chief executive, Conrad Chiu, said the earlier entry is </p><p>due to strong revenue growth of HKdollars 80 million (USdollars 10.2 </p><p>million) achieved since its launch six months ago. Chiu said the </p><p>Shanghai office will have a head count of 25 and will be targeting </p><p>Chinese and multinationals for business. </p><p><BR><BR> </p><p>The agency has been providing mainly interactive services in China </p><p>through its group network for foreign multinational clients such as </p><p>Johnson & Johnson, Philips and Vidal Sassoon. </p><p><BR><BR> </p><p>"The results in the past six months not only highlights Market Catalyst </p><p>as a marketing solutions company but also demonstrates our ability to </p><p>deliver strategy-based marketing integration to clients," said Chiu. </p><p><BR><BR> </p>

SHANGHAI: Marketing communications start-up, Market Catalyst, has

brought forward its planned expansion in China with plans to open an

office in Shanghai by the end of the second quarter.



Market Catalyst chief executive, Conrad Chiu, said the earlier entry is

due to strong revenue growth of HKdollars 80 million (USdollars 10.2

million) achieved since its launch six months ago. Chiu said the

Shanghai office will have a head count of 25 and will be targeting

Chinese and multinationals for business.



The agency has been providing mainly interactive services in China

through its group network for foreign multinational clients such as

Johnson & Johnson, Philips and Vidal Sassoon.



"The results in the past six months not only highlights Market Catalyst

as a marketing solutions company but also demonstrates our ability to

deliver strategy-based marketing integration to clients," said Chiu.