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(LKCO) - Luokung Technology s eMapgo Subsidiary Bags Changjiu Expressway s Smart Highway Demonstration Project

(LKCO) - Luokung Technology s eMapgo Subsidiary Bags Changjiu Expressway s Smart Highway Demonstration Project
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Luokung Announces Closing on 100% Equity Interests of eMapGo Technologies

Luokung Announces Closing on 100% Equity Interests of eMapGo Technologies News provided by Share this article Share this article BEIJING, March 17, 2021 /PRNewswire/ Luokung Technology Corp. (NASDAQ: LKCO) ( Luokung or the Company ), a leading interactive location-based services and big data processing technology company in China, today announced the closing of the acquisition of eMapgo Technologies (Beijing) Co., Ltd. ( EMG ), a leading provider of navigation and electronic map services in China. Following the Company s recent successful financings resulting in total gross proceeds of $120 million, Luokung has closed on the acquisition of 100% equity interests in EMG, which is now a wholly-owned subsidiary of the Company.

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