1. Background and purpose of the alliance
ADWAYS set up a base in India New Delhi in July 2012, and has been conducting market research and proceeded partnership discussions.
It is also expanding overseas to East Asia, including China and Korea, and Southeast Asia, in the field of internet/smartphone advertising business
On the other hand, VC, established in the Republic of India in 2007, is an affiliate advertising company specialized in services in India since 2010, which lead to accumulation of a strong customer base and operational know-how in the country.
ADWAYS plans to put VC to its subsidiary while respecting the corporate culture of the company, by gradual investment and a dispatch officer, in order to take advantage of the VC's experience, know-how, and a network of contacts in India.
2. Profile of VC Internet Media Private Limited
Company name: VC Internet Media Private Limited
Address of HQ: F-342, Lado Sarai Old MBRoad, New Delhi-110030, India
Establishment: January 4, 2007
Representative: Mahinder Kumar Bhargava
Accounting period: March
Business: Internet advertising, business media
3. Future outlook
The impact on the performance of the future will be disclosed as appropriate, as soon as the specific impact becomes clear.
Corporation for ADWAYS Inc. http://www.adways.net/
Founded in 2001. Operates variety of businesses, such as 1) the affiliate program "Smart-C" on mobile with the nation's largest advertiser base, 2) the affiliate programs "JANet" for desktop media, 3) ads for smartphones "AppDriver", 4) planning, development and operation of the application / contents. Subsidiary company 愛徳威 Advertisement Co., Ltd (Shanghai) is developing business of Internet advertising in. Listed on TSE Mothers in 2006.
