China spent the most on advertising during the World Cup
Though the Chinese national team did not qualify for the World Cup, the Chinese companies pay huge amounts of money on commercials. The event is a great opportunity for the Chinese companies less well-known to the West to get their name on the global market as well.
Four out of the 12 official sponsors of the World Cup are Chinese. The names of these companies are virtually visible on bulletin boards placed next to the football pitches.
Overall, the Chinese have spent the most on marketing during the World Cup, totaling 800 million USD. (origo)
Related news
Alibaba’s quarterly profit increases significantly
Chinese e-commerce giant Alibaba Group Holding reported a sharp rise…
Read more >How will the world economy develop in 2025?
The global economy will continue to face major challenges in…
Read more >Fidelity Analyst Survey: China – where should investors look amid changes?
China faces a number of economic challenges – a struggling…
Read more >Related news
Online price monitoring may expand
In order to protect families, keep inflation low and strengthen…
Read more >Interest discount on green loans
The popular green home loan will be even more favorable…
Read more >Recent survey: Fear of rejection is crippling businesses
A recent survey found that 33 percent of businesses cite…
Read more >