CyberAgent continues its South East Asian investment spree: through subsidiary CyberAgent Ventures the company acquired a 20% stake in Vietnam’s top Internet search advertising agency Clever Advertising. Further details of the deal weren’t disclosed.
CyberAgent says that 30% of Vietnamese people access the web and that 95% of them use search engines (whatever that may mean).
Clever Advertising was established in Hanoi in August 2008.