Mobvista (1860.HK), headquartered in Singapore, on May 25th announced that Temasek, a Singapore-based global investment company, has established an equity position in the company valued at USD150 million, supporting Mobvista’s global expansion.
As a global company and leader in AI-powered advertising technology infrastructure, Mobvista has consistently pursued technology-driven growth and sustainable operations. Mobvista’s Mintegral platform now sees over 80% of its advertising revenue driven by AI-powered intelligent bidding algorithms.
Clement Cao, Co-Founder and CEO of Mobvista, said: “Temasek joining us as a major investor marks a key milestone in Mobvista’s globalisation journey. This optimisation of our strategic equity structure will further broaden the company’s international perspective. We will continue to deepen our commitment to AI and engine infrastructure and deliver more predictable growth services for global developers.”
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