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Japan’s Hakuhodo Inc has taken a majority stake in independent Russian digital creative agency LLC Ailove Digital, making it a consolidated subsidiary.
Founded in 2009 in Moscow, Ailove Digital provides a variety of services that includes building digital marketing strategies, creative and content production, social media management and advertising, digital advertising, and search engine optimization (SEO) and search engine marketing (SEM) for both Russian and international clients.
With 63 employees led by managing partner Alexei Pashkov, the agency lists data management and planning along with digital creativity as its top strengths. The firm has garnered international awards and has performed well near the top of Russian digital creative agency rankings run by industry monitor Tagline.
Hakuhodo says it has already worked with Ailove Digital on numerous projects, and this acquisition will reinforce Hakuhodo’s capabilities in Russia’s growing digital ad market and wil improve its ability to serve both Japanese and global clients.
Shuntaro Ito, senior corporate officer at Hakuhodo and president and CEO at Hakuhodo International said: “With Ailove Digital as part of Hakuhodo Group, we will be able to offer even more sophisticated marketing solutions and contribute to clients’ business growth in the Russian market, where digital marketing has evolved very uniquely.”
Alexei Pashkov, managing partner at Ailove Digital added: “We are proud to become part of Hakuhodo Group and lead the Hakuhodo Group’s development in Russia and CIS. The Hakuhodo Group’s way of doing business is very close to Ailove Digital’s values. The chemistry between the teams motivates us to build closer relationships that are important for the synergy of local and global expertise. I am sure our clients will benefit from this partnership, as Ailove Digital’s strong expertise in creative, content, technology and performance media will be elevated from having access to Hakuhodo Group’s best practice and knowledge.”
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