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Society Pass, Magnite team up to develop retail media network in SEA

Society Pass, Magnite team up to develop retail media network in SEA
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Singapore – Society Pass, through its digital advertising arm Thoughtful Media Group, has recently announced that it is teaming up with global independent omnichannel sell-side advertising platform Magnite to create a retail media network in Southeast Asia through delivering targeted content, messaging, and experiences to the region’s concentrated populations of online consumers and merchants.

The TMG Media Network offers brand advertisers exposure to consumers in Vietnam, Indonesia, Philippines, Singapore, and Thailand, including the more than 3.3 million registered consumers on SoPa’s ecosystem. The network features premium inventory spanning its owned channels and the wider web, including display, mobile, video, social and digital out-of-home when fully deployed.

Meanwhile, Magnite enables programmatic activation and expands demand facilitation for TMG Media Network across its omnichannel inventory. Advertisers and publishers are then able to activate data from TMG Media Network through Magnite, unlocking new opportunities to reach audiences at scale across ad formats for brands.

Dennis Nguyen, chairman at Thoughtful Media Group, explains, “We are excited to launch the TMG Media Network, which provides advertisers access to influencer content creation, highly targeted 1st party e-commerce data, and social commerce opportunities at scale. As a leading retail marketing solution in SEA, the TMG Media Network incorporates a multi-faceted, data-driven approach to audience reach, engagement, and conversion, which provides for a more impactful brand and consumer experience.” 

He added, “And as data-driven social commerce becomes increasingly pervasive, TMG is well-positioned to power the region’s first media and advertising network with an end-to-end content, data, and supply solutions.”

Meanwhile, Gavin Buxton, managing director for Asia at Magnite, stated, “We are excited to work with one of Southeast Asia’s most innovative brands and platforms to drive meaningful growth through game-changing content, data, and technology. Activating SoPa’s expansive and growing audience data to scale impactful, multi-channel experiences shapes the way consumers engage and interact with brands.”

The recent partnership with Magnite comes weeks after Society Pass welcomed Rokas Sidlauskas as its newest chief marketing officer, as well as the recent beta launch of their loyalty app. Thoughtful Media Group is one of the many acquisitions Society Pass made, including Philippine delivery platforms Mangan and Pushkart.ph, and Vietnam-based delivery service Handycart under Dream Space.

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