Fugumobile: Breaking New Grounds in China

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Abstract

In 2007, Ranjit Singh and Ravi Shankar Bose founded Fugumobile, a digital marketing firm, in Shanghai, China’s financial hub. Fugumobile served a wide range of clients, including multinational companies (MNCs) and domestic Chinese businesses, by providing various digital marketing services such as e-commerce, customer relationship management (CRM), digital transformation, digital campaigns, and social media management. As Fugumobile progressed into a mid-sized company, Singh and Bose aimed to transform their business. However, Fugumobile experienced a decline in revenue growth rate from 2007–08 to 2014–15 and again from 2017–18 to 2019–20. Among its various service verticals, e-commerce was the biggest revenue earner for the company in 2020. The founders recognised the need to remain competitive amid disruptive technologies such as AI, deep learning and machine learning and expanded its services by incorporating AI as its core service. Fugumobile offered various services, with varying revenue growth/decline over the previous five years. This made it difficult to decide which service to prioritise in the future. In addition, they were exploring options for geographic expansion both within and outside the country and identified Vietnam and India as potential candidates for internationalisation. The COVID-19 pandemic brought a sense of urgency to their concerns, and they realised that swift action was required to reverse the fall in revenue growth and set their business on a new course for expansion.

Additional Information

Product Type Case
Reference No. MAR0535
Title Fugumobile: Breaking New Grounds in China
Pages 21
Published on Apr 13, 2023
Revision Date Aug 29, 2025
Year of Event 2020
Authors Singh, Kunwar Milind; Trivedi, Shekhar; Jaiswal, Anand Kumar;
Area Marketing (MAR)
Discipline Marketing, Strategic Management
Learning Objective The case provides an opportunity for the participants to understand the evolution of China’s digital marketing space and explore how Fugumobile, a mobile marketing agency, can navigate the changing marketplace reality and reshape its service verticals. After reading and discussing the case, participants should be able to • understand the attributes of China’s digital marketing industry, • analyse the factors that shape the progression of a mobile marketing agency in China, • evaluate how digital marketing agencies adapt and evolve in China’s technologically driven dynamic competitive landscape, • assess the service portfolio and future service offerings of a stand-alone digital marketing agency, and • identify and evaluate alternative business plans that could help sustain steady growth in an agency’s business.
Keywords Advertising Agencies; Digital Services; Digital Marketing; China; Mobile Marketing; Internationalization
Country China
Organization Fugumobile Limited
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