China Net Technology Limited|China Net Technology Limited News Release

China Net Technology Limited: Baidu TV operators will be completed with the media as B round of financing
 

China Net Technology Limited  Club
Baidu's search giant "Baidu TV" the sole operator - as with the media, are trying to use the emerging Internet video advertising market as "network Focus."

"Our counterparts in building advertising services, is a leading, but in an open Internet video advertising market, who have a chance." Yesterday, with the media as Xue Chen, executive director of the "First Financial Daily" said .

The female president disclosed that the company is making the second round of financing, in addition to Baidu, Intel Capital, will also have access to new investment partners.

Baidu TV as the creators,China Net Technology Limited Mark technology providers and exclusive operators, as with the media behind, Baidu's capital support. November 2007, Baidu has been jointly Intel Capital, Lilongwe Huayan law common to the two companies as the injection of 5 million U.S. dollars, according to the renminbi exchange rate at that time, about 40 million yuan.

Jiarui of the company's CEO stressed, "The new capital into the TV Baidu will promote high-speed expansion." Paragraph Jiarui said. More than half a year, around Baidu TV brands, as many as the media has launched a video ad solutions. In addition to video ads, Internet cafes and other industry-specific advertising, including specialized services in the Olympic concept of the exclusive advertising resources "YES, 2008".

Internet video advertising market is in a "hegemony" era, but also there is no leader. This means that ads from buildings into the Focus, Phoenix video this new media, and TV such as Baidu online video advertising agencies, has won the opportunity.

Xue Chen said that in the new Internet video advertising market, Focus such a peer and was not likely used to do as it pleases. This is because the market "is a live water."

At present, Baidu TV coverage Baidu Union more than 20 million sites, "Baidu TV can cover about 80 percent more than the professional site more than 200 million Internet users." China Net Technology Limited said.