
OMD TOPS GLOBAL MEDIA AGENCY RANKING
Released last week, the 2024 Global & Regional Billings Rankings & Market Shares report shows OMD with worldwide billings of approximately $26.3 billion, outperforming its nearest competitor by $1.7 billion; and a YoY growth rate of 8.6%, representing both the best rate of growth among the five largest agency networks as well as the largest net billings increase among all 20 networks included in the ranking, with approximately $2.1 billion added in 2024.
Commenting on the agency's performance, OMD CEO George Manas said, "These results reflect OMD's ongoing transformation as we've redefined the role that we play in advancing our clients' business ambitions. Powered by OMG's Agency as a Platform model, we've evolved the OMD proposition from service provider to media partner to marketing collaborator, working with our clients to co-create next gen solutions that unlock growth today and secure lasting competitive advantage."
At the regional level, OMD is ranked #1 in EMEA with billings of approximately $10.5 billion (+8.9% YOY) and North America with billings of $11 billion (+8.1% YOY). The network also tops more than a dozen country charts, including Australia, Canada, Denmark, Hong Kong, New Zealand, and the US.
The COMvergence ranking is the latest in a series of superlative outcomes for OMD in 2024, including taking its third Media Network of the Year title in four years at the 2025 Cannes Lions, and sustaining a new business winning streak that included Gap Inc, Michelin, Turkish Airlines, AliExpress and MSC Cruises.
OMD, an Omnicom Media Group agency, is the world's largest media network, with more than 12,000 people working in over 100 countries. At OMD, We Create What's Next —delivering transformative media solutions that drive growth, build meaningful connections, and redefine what is possible for our clients. Named the best-performing global media network overall by RECMA and Media Network of the Year at the 2025 Cannes Festival of Media, OMD leads the industry in innovation, creativity, and cultural relevance. With bold ideas and measurable results, we empower brands to shape the future and make an impact in an ever-evolving world. Learn more at omd.com.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CTV News
an hour ago
- CTV News
B.C. sees increase in home sales, except in Vancouver
Vancouver Watch Despite an uptick in home sales across the province, the market remains cool in Vancouver - here's why that could be.


Globe and Mail
2 hours ago
- Globe and Mail
1 Beaten-Down Growth Stock Down 76% to Buy Right Now
Key Points PayPal's stock has plummeted 76% from its all-time high of $310. With a 71% penetration rate in the U.S. payment app market, PayPal is a leading choice for digital payments. CEO Alex Chriss is shifting the focus from just payments to a broader commerce platform and reducing checkout times by 32%. 10 stocks we like better than PayPal › Shares of PayPal (NASDAQ: PYPL) have certainly taken investors on a roller coaster ride in recent years, mostly descending into the depths of disappointment. The stock soared to dizzying heights as everyone piled into fintechs in 2021. However, the party came to an abrupt end as the pandemic's tailwinds faded and the Federal Reserve tightened its grip by raising interest rates, sending the stock into a downward spiral. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Today, PayPal is 76% below its all-time high price of $310 per share and has traded in a range between $50 and $95 over the past couple of years. It is priced at a cheap valuation, and under CEO Alex Chriss, who took over in 2023, the company is looking to reignite growth and get back on track. Here's why investors may want to consider this fintech giant today. PayPal's struggles PayPal grew a lot during the pandemic, adding customers at a staggering pace as digital payment adoption accelerated. Its rapid growth had investors paying a steep premium for the stock. At that time, the fintech was valued at as much as 109 times earnings and as much as 16.9 times sales. Investors were highly optimistic about its prospects, but the company was unable to deliver, and the stock took a massive hit instead. With shares well below their peak, they trade at reasonable valuations today: a price-to-sales ratio (P/S) of 2.39 and a price-to-earnings ratio (P/E) of 16.7. At these valuations, investors are showing little optimism about the company. PYPL PE Ratio data by YCharts. PayPal looks to build on its strong brand The company has a few things working in its favor. It has one of the most-used payment apps in the U.S., with a 71% penetration rate, according to Morning Consult. In a survey by Motley Fool Money, 85% of respondents who use digital payment apps said they use PayPal, significantly outpacing Block 's Cash App (54%), which was second. The fintech continues to grow steadily, too. Last year, revenue rose 7% to $31.7 billion, while its diluted earnings per share (EPS) of $3.99 were up around 4% year over year. However, to warrant a higher valuation and grab investor interest, PayPal will need to improve its margins and accelerate its growth. Under Chriss, the company aims to transform from payments to a comprehensive commerce platform. Part of this approach is to create a "winning checkout" by accelerating the rollout of an upgraded online checkout, with its Fastlane offering playing a key role. According to the company, this one-click solution significantly reduces checkout times by 32%. It boosts conversion rates for merchants and is an integral part of its small and medium-size business (SMB) strategy. How stablecoins could play an important role Other recent news that could bode well for PayPal is the recent stablecoin initiatives in the U.S. The Senate recently passed the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act for short), which provides a framework for regulating digital tokens pegged to the value of assets. The bill requires full reserve backing for issuers, monthly audits, and money laundering safeguards, among other regulations. PayPal was one of the first major financial institutions to enter the stablecoin market with the launch of its PayPal USD dollar-backed stablecoin (PYUSD) in 2023. The coin is pegged to real-world assets, including U.S. dollar deposits, U.S. Treasury notes, and other similar cash equivalents. PayPal has even used its stablecoin for business-to-business payments, including transactions with Ernst & Young and Alphabet 's Google. PayPal views PYUSD as a tool to help connect the traditional economy and Web3. Chriss said that the company is committed to enabling a "commerce-ready ecosystem" through PYUSD for cross-border transfers, vendor payments, payouts, and bill paying. This is one way the fintech is looking to spur growth and stay ahead in the highly competitive and evolving payments landscape. A buy at today's valuation PayPal is working to reignite growth, and its stablecoin is one part of the puzzle. The company is integrating PYUSD into more products to help facilitate faster, cheaper payments for merchants. This can help lower costs in cross-border transactions and improve the back end of payments, which tends to rely on older infrastructure. And it will continue to push and improve its SMB offerings with the PayPal Complete Payments platform and grow its digital advertising business, too, as it aims to expand its commerce platform. The stock is relatively cheap, and the company is undertaking several initiatives that I think have the potential to spur growth. It guided for gross profit to grow 5%, while adjusted EPS growth will be around 8% at the midpoint this year. Management is targeting what it terms a "low teens-plus" EPS increase by 2027 and has aspirations for 20%-plus EPS growth in the longer term. I think PayPal is worth taking a chance on. Its cheaper valuation gives some margin for safety if growth doesn't pick up. And if it can reignite growth, it could lead to a revaluation and send the stock higher from here. Should you invest $1,000 in PayPal right now? Before you buy stock in PayPal, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and PayPal wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 14, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Courtney Carlsen has positions in Alphabet, Block, and PayPal. The Motley Fool has positions in and recommends Alphabet, Block, and PayPal. The Motley Fool recommends the following options: long January 2027 $42.50 calls on PayPal and short June 2025 $77.50 calls on PayPal. The Motley Fool has a disclosure policy.


Cision Canada
3 hours ago
- Cision Canada
KEPSA and MindHYVE.ai™ Sign Strategic Agreement to Launch National-Scale AGI Workforce, SME, and Innovation Initiatives Across Kenya
NAIROBI, Kenya and NEWPORT BEACH, Calif., July 14, 2025 /CNW/ -- The Kenya Private Sector Alliance (KEPSA) has signed a landmark Memorandum of Understanding with Inc., one of the world's fastest-growing developers of agentic artificial intelligence (AGI). Executed on June 5, 2025, the agreement establishes a national-scale collaboration to deploy domain-specialized AGI agents in service of Kenya's economic transformation, starting with workforce development, SME digital enablement, and innovation policy co-creation. At the core of this partnership are Arthur, Justine, and Eli, intelligent agents engineered for education, legal, and financial domains respectively. Each agent is powered by a dedicated Ava-Series large reasoning model: Arthur is powered by Ava-Education™ Justine by Ava-Legal™ Eli by Ava-Finance™ These agents, operating within platforms like ArthurAI™, are autonomous, adaptive, and capable of delivering real-time impact aligned with Kenya's national objectives. Strategic Programs and Initiatives 1. AGI Workforce Enablement Through ArthurAI™, KEPSA will upskill Kenya's workforce with multilingual learning, credentialing frameworks, and real-time analytics tailored to sector-specific needs. 2. SME Innovation Support A national AI Toolkit will empower small businesses with: Eli: Intelligent finance insights, credit simulation, and tax optimization Justine: Legal contract interpretation, compliance alerts, and literacy tools Arthur: Micro-course training and entrepreneurial education 3. Policy Co-Creation and Thought Leadership The partnership includes collaborative authorship of AGI policy readiness frameworks, public-private dialogue simulations using Justine, and deployment of Ava-Fusion™ to model policy impact scenarios. 4. National AI Innovation Council The parties will establish a cross-sector governance body to guide pilots, compliance, stakeholder feedback, and AGI scaling frameworks. 5. Flagship Launch Programs Ajira Digital AI Academy SME Digital Credit Lab Legal Literacy for Enterprises Executive Commentary "Our mission at MindHYVE is to engineer intelligence that doesn't just automate but elevates," said Bill Faruki, Founder and CEO of "This partnership with KEPSA shows what's possible when artificial general intelligence is built with purpose and deployed with trust. We are not simply supporting Kenya's digital transformation, we are co-architecting a future in which national intelligence infrastructure is adaptive, inclusive, and locally governed." Dr. Ehud Gachugu, Deputy CEO and Global Director of KEPSA, added: "With this partnership, Kenya takes a bold leap into applied AGI. We are not waiting to be shaped by the future; we are shaping it from within." Framework & Governance Term: Five years with renewable terms Oversight: Joint Steering Committee, quarterly reviews Compliance: Kenya's Data Protection Act (2019) IP & Licensing: Retained by original creator; joint assets governed cooperatively Public References: By mutual review and approval About KEPSA The Kenya Private Sector Alliance (KEPSA) is the country's principal private sector body, representing over one million businesses across sectors. It drives Kenya's economic policy agenda, digital transformation initiatives, and national development strategies through inclusive, enterprise-led solutions. About is a global leader in agentic AI systems, orchestrating intelligent agents built on large reasoning models tailored to specific domains. Through Ava-Fusion™ and the Ava-Series including Ava-Education™, Ava-Legal™, and Ava-Finance™. is redefining how intelligence is deployed in law, healthcare, governance, education, and economic development. Media Contact Marc Ortiz Email: [email protected] Phone: +1 (949) 200-8668 Website: SOURCE Inc.