Allopass and Mobile Trend has saved Hi Media from long fall

November 11, 2008 - 4:51am | Analytics | News |
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Allopass and Mobile Trend has saved Hi Media from long fall
Hi-Media Group has published its Q3 report. According to the provided data sales of the company have increased by 39% that is 33.2 million. In the beginning the experts of Cheuvreux have made their predictions and said that the companies’ revenues ay grow, however nobody expected such a growth. Having analyzed all the figures it was announced that the company has gained such popularity owing to new contracts made by Allopass, micro-payment processor, owned by Hi-Media, and the integration of Mobile Trend. 

However, other figures have disappointed the owners. So, the sales of online advertising were very low and increased only by 3.1% comparing to the last year result. 

Having reviewed all the tendencies on the market Cheuvreux said that downtrend of the company may continue however the lower limit exists and the company will not suffer much.





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