BEIJING (Oct. 29, 2012) — GLOBE NEWSWIRE — ChinaNet Online Holdings, Inc. (Nasdaq:CNET), a business to business) Internet technology company focusing on providing online-to-offline sales channel expansion services for small and medium-sized enterprises and entrepreneurial management and networking services for entrepreneurs in the People’s Republic of China, announced Monday that its subsidiary, 28.com has launched a new value-added service – Clever Cloud Optimizer and extend this service to the Company’s other portal clients in the future.
Clever Cloud Optimizer is an automated price adjustment platform developed internally by ChinaNet’s technical team that allows users to optimize their online search advertising campaigns. Based on Google’s AdWords and Baidu’s search promotion application programming interface, Clever Cloud Optimizer helps users manage large, complex online search accounts and campaigns more efficiently. In addition, businesses can use this value-added tool to analyze customer’s search history in order to run more targeted sales promotions.
Mr. George Chu, Chief Operating Officer of ChinaNet stated, “In 2010, our technical staff conducted a detailed analysis of the online search behaviors of users across ChinaNet and third party websites. Through this analysis, we identified a need for a more flexible and efficient search engine optimization platform for enterprise customers, which led us to develop our proprietary Clever Cloud Optimizer. We expect our 28.com clients to use this tool to gain more insight into consumer’s preferences and increase their sales conversion.”
The Company, a parent company of ChinaNet Online Media Group Ltd., incorporated in the BVI (“ChinaNet”), is a leading B2B (business to business) Internet technology company focusing on providing O2O (online to offline) sales channel expansion service for small and medium-sized enterprises (SMEs) and entrepreneurial management and networking service for entrepreneurs in China. The Company, through certain contractual arrangements with operating companies in the PRC, provides Internet advertising and other services for Chinese SMEs via its portal websites, 28.com, Liansuo.com and Chuangye.com, TV commercials and program production via China-Net TV, and in-house LCD advertising on banking kiosks targeting Chinese banking patrons. www.chinanet-online.com