People familiar with the matter revealed that the WPP Groupm (WPP Groupm) office of the world's largest advertising company in the world's largest advertising company was searched by the Chinese police in the Shanghai office, and one of them was questioned, and one of the executives were detained.
The Financial Times Friday (October 20) quoted people familiar with the matter report that a senior management of Qunyi Group was detained and further questioned, and the content was related to the work of the group employees.
Two people familiar with the matter said that the Chinese police also talked to other local managers in the search operation, including Xu Jun, who served as the CEO of Qunyi Group in 2017.
The official China official at the end of March this year conducted a raid search for the US Disharity Company Mintz Group, which closed the company's local business and detained five Chinese employees.In April, Bain Company, a well -known American consultant company, was searched at the Shanghai office and employees were also questioned.
Qunyi Group, headquartered in New York, USA, is one of the world's largest media investment management companies. It has 4,200 employees. The amount issued by customers around the world reached $ 60 billion (below, the same, the same,About 82.4 billion yuan).Qunyi Group's operating amount accounts for about one -third of the annual income of WPP Group.
China is the fourth largest market for WPP Group. It is affiliated to WPP Group's Qunyi Group. It is expected that China's total advertising revenue this year will increase by 7.9%to $ 150.6 billion.
