GD Culture Group Enters into Memorandum of Understanding with Pier E Media for Expansion into TikTok Agency Business
November 21 2023 - 8:00AM
GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), a
Nevada holding company conducting business through its subsidiaries
AI Catalysis Corp. (“AI Catalysis”), today announced the signing of
a Memorandum of Understanding (the “MOU”) between AI Catalysis and
Pier E Media, a leading influencer agency that connects brands with
influential content creators, to expand its agency business on
TikTok. The collaboration marks GDC's strategic expansion into
TikTok agency business, which is critical in boosting the Company’s
performance in eCommerce and game live streaming sectors and
strengthening its connections with TikTok content creators.
Pursuant to the MOU, AI Catalysis and Pier E
Media shall act as the Movement directors. Additionally, Pier E
Media grants the rights to AI Catalysis to utilize its agency
license and TikTok accounts.
The signing of the MOU is essential to the AI
Catalysis’s talent acquisition and business expansion. The
partnership incorporates a system for talents recruitment and
nurturing, which paves the way for building a diverse pool of
talented TikTok content creators to invigorate AI Catalysis's
content creator community. Consequently, AI Catalysis is in a
better position to provide a wide array of engaging content,
injecting impetus to the growth of its eCommerce and game
live-streaming operations.
The cooperation also aims to deepen the
relationship between AI Catalysis and its creators through the
offering of its specialized services. AI Catalysis is committed to
catering to the needs and requirements of the creators across the
board, with a comprehensive provision of services including
technical support, eCommerce operation, supply chain integration,
platform expertise, and monetization opportunities. In particular,
AI Catalysis focuses on fostering closer connections between its
creators and their audience, by empowering the content creators
with AI Catalysis’s AI Digital Human avatars technology. This
technology aims to enhance content personalization and quality.
Mr. Xiaojian Wang, Chairman and Chief Executive
Officer of the Company, expressed his enthusiasm for the
collaboration: "We are excited to announce our partnership with
Pier E Media, which not only positions us as a premier TikTok
agency but also underscores our commitment to nurturing stronger
relationships with creators. This collaboration showcases our
dedication to reshaping influencer marketing and empowering TikTok
content creators. We are dedicated to providing creators with the
tools they need to excel in the digital landscape."
About Pier E Media
Pier E Media was established in 2017, and our
core team consists of professionals from top domestic and
international e-commerce and talent agency companies, including
Douyin/TikTok. We have rich experience in talent management and
channels. Pier E Media is dedicated to helping brands with
integrated overseas digital platform marketing. Our team can
provide end-to-end services such as account incubation, influencer
collaborations, and ecommerce operations, aiming to maximize client
benefits. Website: https://www.pieremedia.com/
About AI Catalysis
AI Catalysis is a leading digital marketing and
AI technology company dedicated to empowering creators and
influencers to excel in the digital space. With a focus on
innovation and cutting-edge solutions, the company is committed to
driving excellence in influencer marketing, ecommerce, and game
livestreaming while nurturing stronger relationships with creators.
For more information, please visit AI Catalysis’s website at:
https://aicatalysis.com/.
About GD Culture Group
Limited
GD Culture Group Limited (the “Company”)
(Nasdaq: GDC), is a Nevada holding company currently conducting
business through its subsidiaries, AI Catalysis Corp. (“AI
Catalysis”). The company plans to enter into the livestreaming
market with focus on e-commerce and livestreaming interactive games
through its wholly owned U.S. subsidiary, AI Catalysis, a Nevada
corporation incorporated in May 2023. The Company’s main businesses
include AI-driven digital human technology, live-streaming
e-commerce business and live streaming interactive game. For more
information, please visit the Company's website at
https://www.gdculturegroup.com/.
Forward-Looking Statements
This announcement contains forward-looking
statements within the meaning of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. All statements
other than statements of historical fact in this announcement are
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
current expectations and projections about future events and
financial trends that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as "may," "will," "expect," "anticipate,"
"aim," "estimate," "intend," "plan," "believe," "potential,"
"continue," "is/are likely to" or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results.
For investor and media inquiries, please
contact:
Ascent Investor Relations LLCTina XiaoPhone:
+1-646-932-7242 Email: investors@ascent-ir.com
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