Growth of Online Advertising in China
The Beijing Olympics is expected to provide a boost to the growth of online advertising in China. The market is expected to grow 52% this year largely due to the Olympics in China. Here is the projections in growth till 2012:
2007 : $924 million
2008 : $1404 million
2009 : $1952 million
2010 : $2752 million
2011 : $3716 million
2012 : $4942 million
The market shall thus be a 5 billion dollar market by 2012.
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