Vdopia has announced that it has turned profitable after experiencing a record growth in advertising revenues last quarter. The fastest-growing online video ad network has experienced a 380% increase in QoQ earnings received from advertising dollars spent on its online video and rich media advertising solutions.
Vdopia serves over 100 million video impressions every quarter, reaching over 10 million unique users across 120 publishers on an exclusive basis.
Debadutta Upadhyaya, Vice-President - India, Vdopia, commented, "Vdopia has powered multiple-campaigns for over 300 brand advertisers successfully, delivering the dynamic engagement and interactivity of video to users." She added, "Vdopia is all about creating extensive user-engaging video experiences and offering a unique branding platform to advertisers with our rich video ad formats. VLIVE, our dynamic online live streaming ad insertion technology platform, is one such video innovation that has enabled media companies to live stream and monetize their content."
With its three offices in India and a global team of 50 employees, Vdopia expects to aggressively expand in the coming months. The company has charted out plans to add new office locations, recruit more staff and expand business to the Far East & APAC regions.
