Vision Knight’s value-add proposition
Much is expected of China's online advertising industry. Worth RMB51 billion ($8.1 billion) in 2011, up 57% year-on-year, the market is tipped to top RMB187 billion by 2015. As former CEO of Alibaba.com, the country’s leading B2B marketing portal, David Wei (pictured) has first-hand experience of the forces driving this growth.
It is what led him to set up his own private equity firm, Vision Knight Capital, and last week purchase a strategic stake in Allyes, an online media company that provides value-added services to advertisers....
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