SCCyberworld

Tuesday, November 11, 2008

Singapore’s ihub Media to Provide Advertising Sales Representation for Facebook

KUALA LUMPUR, November 11, 2008 – ihub Media Pte Ltd, Asia’s leading Internet marketing firm, announced today that it has been selected as an advertising sales representative of Facebook. Under the agreement, ihub Media will market the range of advertising products available through Facebook Ads in Singapore, Malaysia, Indonesia and Taiwan.

Facebook is the world’s largest social site with more than 120 million active users globally. According to statistics compiled by comScore, Facebook’s growth in the total number of unique visitors as of June 2008 was up 153 percent on an annual basis, making it the fastest growing social network in the world. In the Asia-Pacific region, the growth was a huge 458 percent.

“We are thrilled to be selected as a sales partner for Facebook in Asia. As we shift towards a higher level of collaboration on the Web, social networking will prove to be more than a cost-effective advertising option or a tool for small players to level the paying field. It will also be a critical element in every mainstream marketing programme that companies large and small cannot afford to ignore. Facebook, with its immense reach and engagement potential, creates greater opportunities for us to help companies here and in the region compete more effectively in the global market,” said Kyle Lim, Chief Executive Officer, ihub Media Pte Ltd.

“We are very excited about how this relationship will enable even more marketers in Asia to forge trusted connections with consumers,” said Mike Murphy, VP, Media Sales, Facebook. “ihub Media, with its impeccable record in online marketing, will be a valuable ally for Facebook as we seek to help Asian businesses reach out to and engage with their audiences in meaningful ways.”

From a local start-up established in 2002, ihub Media has transformed into one of Asia’s key players in online marketing, with over S$10 million in revenue sales and offices in six countries and regions: Singapore, Malaysia, Indonesia, China, Hong Kong and Taiwan.
ihub Media’s partnership with Facebook expands its already impressive list of website partners, who include Microsoft Advertising, ESPNsoccernet, Habbo Hotel, Tiger Airways and Garena among others. ihub Media has been named one of Singapore’s Top 50 fastest growing companies for 2008.

No comments: