Hong Kong, Hong Kong S.A.R., April 30, 2014 --(PR.com
)-- Global Market Forces, a rapidly-expanding data intelligence, marketing and distribution solutions company headquartered in Hong Kong, China has confirmed that it will receive HK$300 million in inward investment from a private equity stakeholder that wishes to remain anonymous.
According to a Global Market Forces source, “We are not merging with a rival and we’re not being bought. The investment will be used to increase capacity at our datacenters and to make a number of small acquisitions that will help strengthen the overall package of services we offer,” the source said.
Global Market Forces, which recently announced it would be opening a new satellite office in Beijing by the end of September 2014 – its first formal presence on the mainland – released a short statement which read, “Global Market Forces welcomes this vote of confidence in the direction we’ve decided to take our business. It is our firm belief that our commitment to rising to the challenge posed by growing competition in the data solutions industry both here in Hong Kong and on the mainland will be well-served by this inward investment.”
The company has embarked on a drive to expand its direct marketing business and is growing its data intelligence solutions division in order to capitalize on growing demand from service-based industries needing to improve databases of customers.
The company said that the private equity firm providing the capital wished to remain anonymous on account of the stakes they hold elsewhere in the Asian data marketing solutions industry.
About Global Market Forces:
Global Market Forces are providers of data collection solutions to businesses and corporations from a range of industry spanning across global locations. We offer specialised data management services add part of research projects and marketing campaigns to stimulate targeted response.
Using advanced technology and competitive strategy, Global Market Forces help clients to access critical information as part of our data collection services and appraisal systems, acting as a key component to a successful results based operation.
Global Market Forces is an adaptable service based company, led by a senior team of research and marketing executives with each taking a hands-on approach to project management and execution.