Mobvista (01860) has announced that Temasek, the Singapore-based international investment company, has completed a strategic investment in the company valued at $150 million. Following this transaction, Temasek will become a strategic shareholder, providing long-term support for Mobvista's global expansion initiatives.
As a recognized leader in global development and a pioneer in AI-powered advertising technology infrastructure, Mobvista maintains a steadfast commitment to technology-driven operations and regulatory compliance. Over 80% of the advertising flow on its Mintegral platform is now supported by AI-powered intelligent bidding algorithms.
Mobvista's Co-founder and CEO, Cao Xiaohuan, stated, "Temasek's strategic investment marks a significant milestone in Mobvista's globalization journey. This optimization of our strategic equity structure will further broaden the company's international perspective. We remain dedicated to advancing our AI advertising engine infrastructure to provide more reliable growth services for developers worldwide."
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