Norwegian telecom buys Vietnamese advertising sites

Two Vietnamese advertising online markets, ChoTot and ImSold, which both belong to 701Search, will be handed over to Telenor ASA, a Norwegian telecommunication company, in June.

Tuesday, May 16, 2017 10:01

Norwegian telecom buys Vietnamese advertising sites ảnh 1

The change of shareholders will not affect the business strategy of ChoTot as Telenor joined the board of management of 701Search in 2013 and is an important part of the company (Photo: nhipcaudautu.vn)

Hanoi (VNA) - Two Vietnamese advertising online markets, ChoTot and ImSold,which both belong to 701Search, will be handed over to Telenor ASA, a Norwegiantelecommunication company, in June.

Additionally,Telenor reached an agreement with Schibsted to divest from a joint venture withSchibsted in Latin America and bought back its stakes in markets of Malaysia, Vietnamand Myanmar, ICTnews.vn reported.

Telenoralso signed an agreement with Singapore Press Holdings to buy shares inadvertising online sites in Malaysia, Vietnam and Myanmar with a deal worth 110million USD.

ChoTotwas launched in 2012 and is a leading advertising online market in Vietnam.

Thechange of shareholders will not affect the business strategy of ChoTot asTelenor joined the board of management of 701Search in 2013 and is an importantpart of the company, CEO of ChoTot said in a press release.

Telenoris one of the largest telecom corporations in the world with revenues of morethan 15.3 billion USD last year and is currently active in 13 countries.-VNA

VNA

#advertising online markets #ChoTot #ImSold #701Search #Telenor ASA #telecommunication company #Schibsted

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

27/10/2024 09:47

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Staff of Saigontourist Group introduce to visitors accommodation services, seminars, conferences and many other services. (Photo: thanhnien.vn)

Vietnamese travel firms explore opportunities at int'l trade fair in Singapore

24/10/2024 10:59

Vietnamese travel firms are attending the Asia International Trade Fair (ITB Asia 2024) in Singapore.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

24/10/2024 10:51

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

Vietnam's exports to Singapore maintain high growth

24/10/2024 10:35

Vietnam's exports to Singapore surged by 35.23% in September, maintaining a high year-on-year growth rate in the first nine months of 2024, at 31.55%.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

24/10/2024 10:32

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Prime Minister Pham Minh Chinh (R) receives General Director of Russsia's Zarubezhneft JSC Kudryashov Sergei Ivanovich in Kazan on October 23. (Photo: VNA)

PM receives General Director of Russian oil and gas company Zarubezhneft

24/10/2024 09:25

Prime Minister Pham Minh Chinh received General Director Kudryashov Sergei Ivanovich of Russian oil and gas company Zarubezhneft in Kazan on October 23 (local time) as part of his working trip to Russia to attend the expanded BRICS Summit.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

24/10/2024 09:15

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Reference exchange rate up 10 VND on October 24

24/10/2024 09:06

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,260 VND/USD on October 24, up 10 VND from the previous day.

Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan (middle) speaks at the event (Photo: VNA)

Nuclear power back on table to secure Vietnam’s energy future

24/10/2024 09:00

In a move to secure Vietnam's energy future, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has underscored the urgent need to restore investment in and develop nuclear power, placing utmost importance on safety.

Da Nang – India’s Ahmedabad new flight service launched

23/10/2024 19:40

The Da Nang Department of Tourism and Vietjet Air organised a ceremony to launch a new flight service linking the vibrant central city of Da Nang with Ahmedabad, a cultural hub of India, on October 23.

Vietnamese goods enter US through global supply chain

23/10/2024 19:19

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

NIC Director Vu Quoc Huy speaks at the press briefing to announce the Vietnam Semiconductor Industry Exhibition 2024 (SEMIExpo Vietnam 2024). (Photo: VNA)

Vietnam’s first international semiconductor exhibition to take place in November

23/10/2024 18:00

The Vietnam Semiconductor Industry Exhibition 2024 (SEMIExpo Vietnam 2024), will take place at the National Innovation Centre in Hanoi from November 7-8 under the theme of "Elevating Vietnam in the Global Semiconductor Supply Chain".

The exhibition area at the 2024 HCM City Digital Transformation Week features technology products and solutions from October 22 to 23. (Photo: VNA)

HCM City event promotes digital transformation

23/10/2024 16:22

With the theme “Digital technology - a new growth driver for HCM City”, the two-day event officially opened to visitors at Riverside Palace in District 4 from October 22.

Vietnam Airlines and Garuda Indonesia sign a Memorandum of Understanding on enhanced collaboration. (Photo: VNA)

Vietnam Airlines, Garuda Indonesia strengthen strategic partnership

23/10/2024 15:45

National flag carrier Vietnam Airlines and Garuda Indonesia have officially signed a Memorandum of Understanding on enhanced collaboration for the expansion of their strategic partnership.

Vietnam Motor Show 2024 showcasing green technology

23/10/2024 15:13

The Vietnam Motor Show 2024 (VMS 2024) themed Accelerate to Green kicked off in Ho Chi Minh City on October 23, featuring 19 automotive brands and nearly 300 exhibitors.

Chinese steel flooding into Vietnam has been a concern for domestic steel enterprises (Photo: VNA)

Vietnamese steel industry under pressure amid protectionism tension and dumping

23/10/2024 15:08

Facing the threat from Chinese steel and the tension of protectionism globally with the possibility of further escalation, whether the 'picture' of the Vietnamese steel industry will be brighter or not in the times ahead continues to form a question mark.