Category: General News
Posted Sep 22, 2017 11:27 (GMT +7)
Geniee Establishes New Subsidiary in Thailand
Accelerating overseas expansion by conducting sales in Thailand, the second largest market in Southeast Asia.
TOKYO--(BUSINESS WIRE)--Sep. 22, 2017
Geniee, Inc. (main office: Shinjuku, Tokyo, President and CEO: Tomoaki Kudo, hereinafter, Geniee) is excited to announce that we established a new subsidiary in Bangkok, Thailand (GENIEE ADTECHNOLOGY (THAILAND) CO., LTD.). The new subsidiary began operations today.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51685965&lang=en
Our Southeast Asian expansion (Graphic: Business Wire)
At Geniee, our mission is to “Ad-venture the Future”. As part of this mission, since 2012 we have focused on overseas business expansion. Thus far, we have established subsidiaries in Singapore, Vietnam, and Indonesia to promote services such as GenieeSSP and GenieeDSP to local companies in the rapidly growing markets of Southeast Asia.
Thailand is in the midst of a digital boom and has grown to become the second largest internet advertising market in Southeast Asia after Indonesia (approx. 300 billion yen of 2016*). In the past, we offered some services to companies in Thailand. Now, through this new local subsidiary and enhanced partnerships with local companies, we will begin full-fledged service provision.
2. Outline of new subsidiary
|Company name||GENIEE ADTECHNOLOGY (THAILAND) CO., LTD.|
|Location||Klongtoey District, Bangkok, Thailand|
Representative director Tomoaki Kudo
|Capital||3,000,000 baht (About 10 million yen)|
Ad Technology Business
|Establishment||August 21, 2017|
Striving to be the No. 1 technology company not only in Japan but throughout all of Asia, Geniee will continue to focus on aggressive business expansion in Asia.
* DAAT Thailand Internet advertisement market size data
[ About Us ]
|Founded :||April 14, 2010|
|Representative :||Tomoaki Kudo , President|
|Capital :||766 million yen (As of end of June, 2017)|
|Head Office :||25F Sumitomofudosan Nishi-shinjuku Bldg.|
|7-20-1 Nishi-shinjuku Shinjuku-ku Tokyo, Japan|
|Overseas Bases :||Singapore, Vietnam, Indonesia, Thailand, China|
Number of Employees :
|233 (Consolidated, As of end of June, 2017)|
|Business :||We develop, operate and provide the No. 1 online media advertisement revenue maximization platform in Japan ”GenieeSSP”, and “GenieeDSP”, “GenieeDMP” independently.|
|Providing marketing support services for advertisers and ad agencies.|
|Development and Support for introduction of Marketing Automation Platform “MAJIN”.|
View source version on businesswire.com: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51685965&lang=en
[ For press inquiries regarding this matter ]
Junko Manabe, +81-3-5337-8215
Corporate Planning Office
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