Traditional Culture Encyclopedia - Traditional customs - What stock does Focus Media belong to?
What stock does Focus Media belong to?
In 2003, another little-known enterprise was born in Guangdong. This enterprise is Focus Media. At that time, Big Brother, known as the originator of elevator advertising media in China, was born, which created elevator advertising media, broke the advertising era of newspapers, televisions and posters prevailing at that time, and earned enough attention and capital.
In 2004, with the accurate positioning of the market and unique industry understanding, the business model created stood out in buildings and buildings. In less than two years, Focus Media became the first advertising media in China listed on NASDAQ in 2005, and at that time, it created a stock market myth belonging to that era with an IPO financing amount of $65,438+72 million.
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