Mobvista announces first half-2020 financial report with total revenue of US$226.9 million

Despite the COVID-19 pandemic, Mobvista’s profits for the first part of 2020 showed strong expansion, achieving a overall of US$266.9 million, resulting in an 18.6% year-over-year building up.Adjusted net source of profit US$23.31 million, an building up of 34.2% over the same era last year.In addition, the monetary report shows that programmatic advertising remajors the company’s major expansion driver.In the first part of 2020, the company’s programmatic advertising profits reached US$191.9 million, 51.4% more than in the same era of 2019 and representing 71.9% of Mobvista’s overall profit in the first part of 2020.

According to Clement Cao, co-founder and president of Mobvista, with the advent of the post-COVID epidemic period, an increasing number of corporations are undergoing virtual transformation and paying more attention to the entry-exit ratio of marketing campaigns.making the company’s knowledge, a controlled and programmatic advertising platform, an excellent solution for its customers.

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