Advert on Click: “The sector is growing by 5% per year and the amount of ad spend exceeded 720 billion US dollars in 2021“
Amman – Hashemite Kingdom of Jordan: Adverton On Click has entered into a Memorandum of Understanding with the integrated entrepreneurial development company “VentureX”, according to which the latter will manage the investment in Adverton Click, through a network of potential investors at the regional and global levels.
The agreement was signed at the VentureX headquarters in the Jordanian capital, Amman, and was represented in the signing by Yousef Hamid El-Din, Managing Partner, and Fahad Al-Deeb, founder and CEO of Adverton Click, in the presence of a number of officials from the two companies.
Through this agreement, VentureX will work on preparing all financial data, papers and legal contracts related to the investment process in Adverton Click and presenting them to a select group of investors in the Middle East and a number of countries around the world.
Adverton Click works in the global sector as a company specialized in providing marketing services and selling various spaces through its digital platform that it has developed.advertonclick.com“, whose first phase was recently launched in the Middle East and North African markets, and has future plans to expand to include all global markets and work on developing the platform according to machine learning and artificial intelligence technology.
The Advert on Click platform is distinguished by being the first of its kind in the world, in a way that gives the industry a new dimension through the services it provides for all traditional and modern media on the one hand, and the advertiser and agencies on the other.
The platform is characterized by being a digital market open to all media of all kinds, printed, visual, audio and digital, external road advertisements, points of sale, promotion and other tools, and presenting them to the advertiser directly, which enhances the advertiser’s ability to identify new tools and means and open the door to both parties. From direct dealing without an intermediary and in a way that positively affects the time, effort and cost of all parties.
Commenting on this agreement, Yousef Hamid El-Din said: “At VentureX, we always seek to provide assistance in transforming innovative competitive ideas into solutions that improve the quality of life for people and businesses, and contribute to supporting local economies by adopting many ideas of emerging companies after studying In-depth analysis of these ideas, their economic feasibility and their future vision, and providing solutions that would help in the success of these emerging projects.”
Hamid El-Din added: “We have found in Adverton Click innovative ideas and a future vision that qualify it to be one of the most successful companies within the global sector, which is witnessing a remarkable growth year after year, in light of the urgent need associated with all life and economic sectors. A company announced it to maintain the sustainability of its business, as is an essential part and component of any marketing process that all business sectors may need.”
For his part, Fahd Al-Deeb said: “We are pleased to work alongside VentureX, one of the leading companies in the investment management sector in the Middle East, and we appreciate their belief in what we have accomplished so far in Adverton Click, which now houses the data of more than 2,200 mediums. From the Arab countries only.
Theeb stressed that the global sector records an annual growth of no less than 5%, with an expenditure volume exceeding $720 billion during the past year (2021), with a clear focus in North America, which alone accounted for 60% of the global expenditure (according to a report Statista Company), which strongly pushes us to expand the platform and enter the North American and European markets during the next stage.”
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About the Integrated Enterprise Development Company “Venture X”:
VentureX is a venture capital company working in the field of economic development at multiple levels. It has launched multiple regional strategies, including the acceleration strategy of Saudi Arabia, and the acceleration of Jordan to become a major driver of economic development and an enabler in achieving stability in the future by launching business accelerators specialized in Specific sectors and attract investment. VentureX’s services focus on supporting ideas, start-ups and SMEs.
About Advert On Click:
Advert on Click offers unique digital solutions in the world. The platform enables its users to easily search for tools and media in various countries of the world, compare prices and reserve spaces within a few minutes. Advert on Click is available for all print, visual, audio, digital, outdoor , promotion points and other tools.