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Stock impact report

eMapgo Launches Its Map Cloud Platform to Empower Enterprises With More Efficient Map Applications

Luokung Technology Corp - Ordinary Shares (LKCO) 
Company Research Source: PR Newswire
BEIJING, Sept. 24, 2019 /PRNewswire/ -- Luokung Technology Corp. (LKCO) ("Luokung" or the "Company"), is one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company in China, today announced that eMapgo Technologies (Beijing) Co., Ltd. (hereinafter referred to as the "EMG") to officially launch its Map Cloud Platform (the "Map Cloud Platform") (http://lbs.emapgo.cn) to provide map services to enterprises as a neutral map maker.On August 27, 2019, Luokung engaged into a share purchase agreement to acquire 100% of EMG and made an announcement on the following day, and the two parties are currently in the process of closing the transaction.The Map Cloud Platform offers map functions and solutions to both institutional and individual developers to explore and meet the personalized demand of different user groups for maps. The Map Cloud Platform provides multiple map service functions, including customized map p Show less Read more
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