Hivestack in partnership with China’s XinChao Media
By Rajiv Raghunath - November 16, 2021
XinChao Media will offer brands, agencies and omnichannel DSPs the opportunity to buy DOOH inventory programmatically through the Hivestack SSP
Hivestack, the world's largest, independent, programmatic DOOH ad tech company, has announced a major partnership with XinChao Media, one of the largest elevator advertising screen providers in China, partially owned by JD.com and Baidu. Through this new partnership, XinChao Media will offer brands, agencies and omnichannel DSPs the opportunity to buy DOOH inventory programmatically through the Hivestack Supply Side Platform (SSP).
The partnership enables XinChao Media to effortlessly monetise their premium DOOH inventory programmatically via private marketplace (PMP) deals. Through this partnership XinChao will drive additional revenue growth from programmatic streams, from both Chinese marketers and international marketers looking to build brand equity in China, across their array of 700,000 digital elevator screens in 110 cities across China, serving 75.6 billion impressions monthly.
Aileen Ku, General Manager China at Hivestack said: "We are thrilled to partner with XinChao Media - an industry leader in digital elevator screens in China. XinChao was born in digital, and their premium inventory covers most of the main cities in China. This new partnership represents a seismic shift for DOOH delivery in the region, enabling advertisers to target audiences at unprecedented scale through programmatic activation via the Hivestack SSP."
Boris Sun, Senior Vice President at XinChao Media said: "As programmatic digital out of home (DOOH) adoption grows across Mainland China and internationally, we're excited to work with Hivestack, the industry pioneer for programmatic DOOH, and offer our clients a way to drive added reach and impact as a part of their omnichannel plans."
Troy Yang, MD, North Asia at Hivestack said: "Onboarding XinChao as one of our first media partners in China was a milestone for Hivestack as we continue to scale our business across North Asia. In combining XinChao's impressive scale with Hivestack's leading programmatic technology, we can deliver incredible outcomes for domestic and international marketers looking to reach audiences across the region."
Hivestack has integrated with four of the major media owners in China including most recently, XinChao Media.