Nov 6, 2007

Microsoft sparks Facebook rep speculation

ASIA-PACIFIC - Microsoft's bid to acquire an equity stake in Facebook in exchange for an international ad sales deal has intensified speculation over which vendor will land the rights to sell the social networking site in Asia-Pacific.

Microsoft sparks Facebook rep speculation

In Singapore, dLive Media, a subsidiary of iHub Media, is the sales representative for Microsoft Digital Advertising Solutions (MDAS).

Sales in Hong Kong are handled by Pixel Media. A source noted that Facebook is currently in talks with other third-party resellers and the low penetration of Facebook in Asia means that the region is not one of its priorities.

According to research firm ComScore, just over seven per cent of Facebook’s users - or 3.7 million - are in Asia-Pacific, compared to nearly 22 million Friendster users.

Nick Fawbert, head of operations for Aktiv Group Asia-Pacific, rumoured to be in discussions with Facebook, said: “It remains to be seen how advertising sales are resolved in markets where Microsoft has appointed third party representatives - it doesn’t necessarily follow that the deal is transferable.”

Source:
Campaign Asia
Tags

Related Articles

Just Published

7 hours ago

Agency Report Cards 2024: We grade 25 APAC networks

The grades are in for Campaign Asia's 22nd annual evaluation of APAC agency networks. Subscribe to read our detailed analyses.

8 hours ago

Agency Report Card 2024: Havas Creative

Havas's post-split independence will be on trial. Can its ‘Converged’ strategy deliver business growth, and can its leaders address the internal diversity issues?

10 hours ago

PHD wins Bunnings media mandate after competitive pitch

PHD clinches Bunnings’ $50 million media account from Initiative in a fiercely contested multi-agency pitch.

10 hours ago

Marketing budgets hold at 7.7% in 2025: Gartner CMO ...

Gartner's 2025 CMO Spend Survey finds average marketing budgets are at 7.7% of company revenue for a second consecutive year. However, half of CMOs reported budgets of 6% or less.