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IN BRIEF: Sealand Capital Inks Advertising Venture With Chinese Firm

25th Jun 2020 14:30

Sealand Capital Galaxy Ltd - Cayman Islands-headquartered investment firm - Forms a joint venture with Tenet, a subsidiary of Chinese multi-channel network institution Tencent - DaiYueWang. Joint venture Tengwuyang Holdings Ltd is an advertising solution provider which offers services to foreign merchants who wish to launch their goods and services into the Chinese market, using video mobile platforms such as Douyin, also known as TikTok, and Kuaishou.

Current stock price: 3.16 pence

Year-to-date change: up more than 100%; 0.45p on January 2

By Ife Taiwo; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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