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AABA Altaba Inc

19.63
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Altaba Inc NASDAQ:AABA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 19.63 19.12 19.61 0 01:00:00

Malaysia's Innity Unit to Resell Ads on Part of Yahoo's Distribution Network

16/12/2014 12:33pm

Dow Jones News


Altaba (NASDAQ:AABA)
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    By Chester Yung 
 

Malaysia's Innity Corp. Bhd. (0147.KU) said Tuesday its unit Innity Sdn. Bhd. has entered into an advertisement-reselling agreement with Yahoo Inc. covering part of the U.S. company's distribution network.

The deal, which gives Innity Sdn. exclusive distribution rights for Malaysia, Indonesia and Thailand, could help boost Innity Corp. Bhd.'s earnings for next year, the company said in a statement.

The agreement is expected to take effect on Jan. 1 for an initial period of 15 months and could be renewed thereafter, the company said.

Innity Corp. Bhd. provides interactive online marketing platforms and technologies for advertisers and publishers.

Write to Chester Yung at chester.yung@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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