“ShopBack has tremendously grown over the past two years. With presence in over 10 APAC markets, we are optimistic that brand interest will continue to rise especially now that we are celebrating the ShopFest season, which started in 9.9 and will go all the way to Christmas, year-end sales. As we expand value offerings for merchants and brands across APAC, we have decided to form a strategic partnership with Entravision MediaDonuts to connect with more potential partners who are looking for cost-effective media offerings.” ~Prashant Kala, APAC General Manager for Advertising Sales
The leading shopping and rewards platform in Asia-Pacific, ShopBack, has signed a partnership agreement with Entravision MediaDonuts to sell the brand's premium online ad placements to brand advertisers in ten distinct markets in the region. Entravision MediaDonuts is an advertising, media, commerce, and ad-tech solutions company that connects brands to consumers by representing top platforms and publishers.
ShopBack has made it possible for merchant and brand partners, as well as customers, to benefit from one another since its launch in 2014. For each successful transaction that is carried out through ShopBack, ShopBack is entitled to a portion of the "Cashback" commissions that are earned from merchants. Customers are rewarded in real money when they use Cashback, which makes shoppers who save money a smarter community. With its current user base of over 35 million in Hong Kong, Korea, Vietnam, Australia, Thailand, Taiwan, the Philippines, Indonesia, Malaysia, and Singapore, ShopBack has assisted more than 10,000 merchant and brand partners in increasing sales and revenue.
“We’re incredibly excited to partner with ShopBack across Southeast Asia. Commerce media is expected to grow to a USD 160 billion industry by 2027 based on research from GroupM. Thanks to this partnership, Entravision MediaDonuts can support advertisers and agencies in building sophisticated commerce media strategies that help drive actual business outcomes & GMV growth.” ~Pieter-Jan de Kroon, CEO of Entravision MediaDonuts
Advertisers now have the ability to connect with and target smart shoppers from across the region, achieving their business objectives, thanks to ShopBack's distinctive proposition and Entravision MediaDonuts' demonstrated expertise.
About Entravision MediaDonuts
Entravision MediaDonuts is a leading digital marketing performance and branding solutions platform serving ten countries in the Asia-Pacific region. Our services include world-class commercial partnerships with Twitter, TikTok, Criteo, and Carousell Media Group, among others.
Entravision MediaDonuts is a business unit of Entravision, a leading global advertising, media and ad-tech solutions company connecting brands to consumers by representing top platforms and publishers. Learn more about their offerings at www.mediadonuts.com or connect with us on LinkedIn.
About ShopBack
ShopBack: For the wins
The ShopBack Group is Asia-Pacific’s leading shopping and rewards platform, serving over 35 million shoppers across ten markets.
ShopBack was founded in 2014 and today, ShopBackers across the region continue to win over shoppers by constantly upping their game - be it rewards or meaningful experiences - such that shoppers can achieve a personal victory every time they use ShopBack.
The Group powers over US$3.5 billion in annual sales for over 10,000 online and in-store merchant partners. In 2022, ShopBack launched ShopBack Pay and PayLater, extending the platform's offerings into financial services, providing shoppers responsible and convenient payment options at checkout.
No comments:
Post a Comment