"If I was graduating today I would move to Shanghai" & "About 15% of our business is Internet, and this will be 30% in 10 years," (2 x Sir Martin Sorrell)
Enjoy Sir Martin in Boom in Online Advertising Is Seen by Sir Martin Sorrell. Not ony good news for all of us who believed long before Sir Martin in the web, but also for the whole of Asia and Shanghai ""Advertising is growing at three speeds. The fastest is
Asia, Latin America, the Middle East, and Eastern Europe. Canada and
the U.S. are in the middle in terms of growth, and the lowest growth is
Western Europe,"About 82% of WPP's revenues derive from North America, Britain, and
Europe, but the fastest growth area is in emerging markets, the
so-called BRIC countries - Brazil, Russia, India, and China. By 2015,
Sir Martin estimates that 40% of WPP's revenues will be generated in
Asia alone from existing operations.
"If I was graduating today I would move to Shanghai," he said.
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