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PORTFOLIO

Tulip Media

Stage: Growth

Date of Investment: 5/19/2006

Tulip, headquartered in Shanghai, is a leading outdoor advertising company focusing on large outdoor LED displays in prime metropolitan areas across China. Tulip currently has 7 screens in operation, 10 under development and 11 sites under discussion. Tulip plans to operate a network of 28 screens by the end of 2007, covering Shanghai, Beijing, Guangzhou and selective second-tier cities. The Company was co-founded in 1998 by WANG Min, an outdoor media veteran, and ZHUANG Yong, an Olympic gold medalist.

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