Vistance Networks Stock Company Profile

Description

VisionChina Media Inc., through its subsidiaries, provides advertising services in the People’s Republic of China. The company operates out-of-home advertising network using real-time mobile digital television broadcasts to deliver content and advertising on mass transportation systems. Its mobile digital television advertising network delivers real-time content provided by the local television stations. The company’s network displays real-time news and stock quotes, weather and traffic updates, sports highlights, and other programs; and disseminates public-interest messages and programs that promote the welfare of society, as well as other messages during emergency situations, such as typhoons, earthquakes, or other events that concern public safety. Its advertising network consists of digital television displays located on buses that receive mobile digital television broadcasts of real-time content and advertising. The company also offers Wi-Fi Internet services on approximately 35,000 buses under the VIFI brand name; and sells digital television displays, or passenger information and direction systems to its local operating partners. As of June 30, 2016, its advertising network covered 15 cities in China. The company sells its advertising time through direct sales force and third party advertising agencies. VisionChina Media Inc. was founded in 2005 and is headquartered in Shenzhen, the People’s Republic of China.