SHAREit To Invest On Advertisements In India
SHAREit To Invest On Advertisements In India

SHAREit, the social content sharing platform is ready to invest in India through advertisements, and is expecting to $5 million to come in revenue in the first year.

The Lenovo Group owned Chinese platform has appointed Ventes Avenues as its exclusive sales partner agency for the same.

The Chinese developed content sharing phenomenon has gained over 400 million downloads in 4 years making India is the largest market for SHAREit, which is much bigger than its home market. Globally, the platform has over 1.3 billion users in more than 200 countries.

Neel Sapre, head of sales (branding) at SHAREit said, "This is our first step towards monetisation and we are starting with India. We have already tied up with brands such as Xiaomi and Samsung, among others, and expect to have 100 brands advertising with us this year.”

 
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