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Fertilein and subsidiary BlueOrange boost first-half performance by 50% through synergy
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Fertilein and subsidiary BlueOrange boost first-half performance by 50% through synergy

From Dong-A Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Fertilein and its subsidiary BlueOrange have diversified their advertising portfolios, expanding into e-commerce and beauty/healthcare sectors.
  • This collaboration has driven a significant increase in performance, with Fertilein Group's first-half performance up over 50% year-on-year.
  • The group reported annual ad handling of approximately 200 billion won and was recognized as a high-growth company in the Asia-Pacific region.

Digital advertising agency Fertilein is experiencing substantial growth, with its overall performance in the first half of the year increasing by more than 50% compared to the same period last year. This surge is attributed to strategic collaborations with its subsidiary, BlueOrange, which has enabled a diversification of their advertising client portfolios.

BlueOrange, which primarily focuses on performance marketing within the financial sector, has recently expanded its client base to include e-commerce and lifestyle brands such as Hanssem and LG Household & Health Care. Simultaneously, Fertilein's main operations have broadened from a focus on the gaming industry to include collaborations with beauty and healthcare clients like Hugel and Yuhan Corporation.

The Fertilein Group reported an annual advertising handling volume of approximately 200 billion won. Their growth and market presence have been recognized, as the group was included in the 'Asia-Pacific High-Growth Companies' list compiled by the Financial Times and Statista.

Kim Jin, CEO of Fertilein, stated, "We are continuing the growth momentum from the first half based on BlueOrange's performance." He added, "The diversification of our advertiser portfolio is contributing to stable growth." The company is also participating in Naver's 'Overseas Strategy Agency (GGP)' pilot program and has signed memorandums of understanding related to IP business, further indicating its expansion strategies.

DistantNews Editorial

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.