Jabbar Group buys region's largest ad network
Dubai, December 6, 2009
The regions largest advertising network, ikoo, has introduced its brand new identity, after completion of acquisition by the Jabbar Internet Group.
Founded in 2005, ikoo, E-Marketing then, has become the largest online advertising network in the Arab world, combining more than 120 websites from across the region, a network that attracts more than 35 million unique visitors, and serving more than 1.4 billion monthly pageviews.
Since its launch, ikoo has been establishing premium partnerships with the region’s leading portals and top publishers, enabling advertisers to reach their audience through themed sub-networks like sports, women, news, social media, automotive, business, and many more.
In addition, ikoo has positioned itself as an online advertising hub using the latest technologies in online campaign management from DoubleClick, a world-class advertising platform.
'I'm proud today to see ikoo moving to Jabbar Internet Group, this is a big step for ikoo as it recognises the success the company has achieved over the past few years,' stated Khaled Jabasini, the founder and former CEO of ikoo.
According to the new CEO Isam Bayazidi, ikoo will focus on expanding its network to embrace more publishers, and will work closely with advertisers and agencies on developing successful campaigns based on their needs.
'When it comes to online advertising, ikoo is by far the largest advertising space on the internet in the Arab world, the company succeeded in building an audience of millions of consumers from all walks of life,' said Bayazidi.
Bayazidi also announced the merger of Kalimat, a contextual advertising platform, with ikoo. 'This would enable advertisers to automatically place and control their text advertising placement within the ikoo network,' he added.
'This acquisition comes as a natural move for our group, online advertising is a growing sector in the Middle East. Our decision to venture into this sector comes as part of ambitious plans to revolutionise the Arabic internet,' said Samih Toukan, CEO of Jabbar Internet Group.-TradeArabia News Service