 |
Racepoint Global is providing video and PR services to Alibaba Group, the Chinese e-commerce giant.
China’s crackdown on its high-tech sector and the COVID-19 pandemic have hurt Alibaba’s shares, which trade on the New York Stock Exchange. They are down about 25 percent to $195.
Racepoint, which began representing Alibaba on March 22, has received a payment of $30K for its effort.
It has Allison DeLeo and Risha Tyagi working the business.
Racepoint also works for another Chinese giant, Huawei Technologies, which has been sanctioned by the US Government for alleged spying activity.
The firm collected $1.4M from Huawei during the six-month period ended April 30.
Impact Management Group, which is headed by Republican operative Terry Benham, works to build US support for Ukraine.
Rational 360 has ironed out its six-month $1.2M contract with Saudi Arabia’s Public Investment Fund to position it as a “sophisticated global investment fund.”
APCO has signed on to promote this month’s visit of Ahmed Al Khateeb, head of Saudi Arabia’s Ministry of Tourism, to the US.
The Dominican Republic’s Ministry of Tourism has signed on Montieth & Co. for strategic communications and media relations duties as chaos grips neighboring Haiti.
Edelman is negotiating a formal contract with the Bahamas for strategic communications on issues impacting its reputation abroad.
Have a comment? Send it to 
No comments have been submitted for this story yet.