Focus Media's Stock Price Drops as Meituan Recruits for Elevator Ads

TapTechNews July 11th news, earlier today, TapTechNews reported that Meituan officially announced the recruitment of elevator advertising franchise, and the stock price of the leading elevator media company Focus Media once fell nearly 7%.

Subsequently, Focus Media replied to some investors' questions through the Shenzhen Stock Exchange Interactive Easy platform. We have a cooperative relationship, complementary advantages and jointly promote. We are working with Meituan to promote the operation cooperation of elevator video media in low-tier cities, hoping to provide more comprehensive and high-quality services for small and medium-sized enterprises in the sinking market through the advantages of both sides.

According to the report of Cai Lian News, relevant personnel of Focus Media also responded in the circle of friends tonight, and the response content is also to cooperate with Meituan to promote the operation cooperation of elevator video media in low-tier cities and provide more comprehensive and high-quality services for small and medium-sized enterprises in the sinking market.

The official website of Focus Media shows that Focus elevator media covers 400 million mainstream consumer groups in Chinese cities and more than 3 million elevator terminals.

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Focus Media once fell nearly 7%, Meituan officially announced the recruitment of elevator advertising franchise