As the company announced on Wednesday it has over the subsidiary JWT Singapore a controlling stake in the Indian Hungama Digital Services Private Ltd. acquired. The company based in Mumbai is a specialist in the field of digital marketing and Internet advertising with around 110 employees. Among the customers of Hungama Digital Services, among other Bacardi, Godfrey Philips, Britannia Industries, Tupperware India and Hindustan Unilever.
The transaction WPP is expanding its activities in high-growth regions continues. Financial terms of the transaction were not disclosed. Also on the amount of acquired participation were not disclosed.
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