BEIJING, Dec. 9, 2020 /PRNewswire/ -- Luokung
Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"),
one of the global leading spatial-temporal big-data processing
technology companies, a leading interactive location-based services
company in China, today announced
that it has signed an agreement with Guangdong Yiting Information
Technology Co., Ltd. ("Yiting"). The two parties will cooperate to
provide location-based commercial marketing services for more than
90,000 gas stations across China.
Relying on the ecological cooperation system between Yiting and Gas
Stations and the Luokung map open platform, this cooperation
enables each gas station to manage its own features on the map,
including but not limited to personalized landmarks, personalized
navigation routes, real-time map updates and display of marketing
information for gas related and non-gas related products on the
site, and other personalized marketing services. With the
capability of completing all relevant transactions on the map, it
enables gas stations as an example of "my position that I operate
in my way".
Guangdong Yiting Information Technology Co., Ltd. is a leading
service provider of senseless and contactless payment in
China's energy retail industry.
Cooperating with China UnionPay, Agricultural Bank of China, China Construction Bank, Industrial and
Commercial Bank of China,
PetroChina, Sinopec, Sinochem, etc, it deploys a senseless payment
system in gas stations, and launches services including
refueling through Electric Toll Collection ("ETC"), one-key
refueling and non-gas related products, which covers more than 100
million drivers, 93,000 gas stations, by collaborating with
China's leading mobile gas
platform and smart gas station service platform, such as Guanghui
Cloud Oil, Tuan Oil, Easy Fuel, Xiaoju Refuel, Didi Refuel, Feeding
Car and Smart Fueler etc.
About Luokung Technology Corp.
Luokung Technology Corp. is one of the global leading
spatial-temporal big-data processing technology companies and a
leading interactive location-based services company in China. It provides integrated DaaS, SaaS, and
PaaS services for Internet and Internet of Things of
Spatial-Temporal big data based on its patented technology. Based
on geographic information systems and intelligent Spatial-Temporal
big data, it establishes city-level and industry-level digital twin
holographic data models to actively serve smart cities, intelligent
transportation, smart industry, LBS. http://www.luokung.com
Business Risks and Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will", "expects", "anticipates",
"future", "intends", "plans", "believes", "estimates", "target",
"going forward", "outlook" and similar statements. Such statements
are based upon management's current expectations and current market
and operating conditions and relate to events that involve known or
unknown risks, uncertainties and other factors, all of which are
difficult to predict and many of which are beyond the Company's
control, which may cause the Company's actual results, performance
or achievements to differ materially from those in the
forward-looking statements. Further information regarding these and
other risks, uncertainties or factors is included in the Company's
filings with the U.S. Securities and Exchange Commission. The
Company does not undertake any obligation to update any
forward-looking statement as a result of new information, future
events or otherwise, except as required under law.
CONTACT:
The Company:
Mr. Jay Yu
Chief Financial Officer
Tel: +86-10-5327-4727
Email: ir@luokung.com
INVESTOR RELATIONS
PureRock Communications Limited
Email: luokung@pure-rock.com
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SOURCE Luokung Technology Corp.