LKCO - Mergers and acquisitions

BEIJING, May 26, 2022 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ:LKCO) ("Luokung," "we," "our" or "us"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today made available the following open letter to shareholders from Mr. Xuesong Song, our Chairman and CEO, regarding Luokung's business strategy and outlook for 2022 and beyond: To all of Luokung's shareholders, We are incredibly proud of our progress in 2021, which was highlighted by record revenue of over $145 million, more than seven times that in 2020. This was a milestone year for Luokung, and this is only t

BEIJING, Aug. 26, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ:LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today announced preliminary revenue results for the six months ended June 30, 2021, which remain subject to semi-annual period end closing adjustments. Luokung achieved record total revenue for the six months ended June 30, 2021 of approximately $37.8 million, compared to $7.3 million in the prior-year period. LBS BusinessFor the six months ended June 30, 2021, revenue from the LBS business was $31.6 million, an inc