Author Bio
Bram Berkowitz mainly writes in the financials bureau covering the banking sector. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group.
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What happened
Shares of Chinese live-streaming platform operator
Scienjoy Holding Corp. (NASDAQ:SJ) were trading more than 55% higher as of 11:55 a.m. EDT Tuesday after the company announced a new strategic alliance with
So what
Scienjoy is partnering with Snipp, which helps its corporate clients run their loyalty and rewards programs, to develop two major initiatives. The first will be a new rewards system that will enable Scienjoy broadcasters and users to earn more points on its platform, which they can then exchange for digital awards.