PBTS - Mergers and acquisitions

ZHUHAI, China, April 4, 2023 /PRNewswire/ -- Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS) ("Powerbridge" or the "Company"), a leading provider of multi-industry technology solutions, today announced it has acquired 90% stake of Ascendent Insights Education Co., Ltd. ("AIedu"), an AI education service company. This move is part of Powerbridge's strategy to expand its presence in the education industry and leverage AIedu's expertise to further improve its offerings. The acquisition of AIedu will enable Powerbridge Technologies to integrate ChatGPT into its existing education offerings, one of the key drivers of growth for the Company. ChatGPT is a game-changing product in early childhood e

ZHUHAI, China, March 30, 2023 /PRNewswire/ -- Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS) ("Powerbridge" or the "Company"), a provider of multi-industry technology solutions, has announced today that it has successfully acquired a majority stake of 51% in DTI Group, a leading platform developer and service provider for digital trade infrastructure in China. The acquisition is a strategic move that contributes to the expansion of Powerbridge's operations by building a digital trade ecosystem. DTI's expertise in digital trade infrastructure will complement Powerbridge's existing capabilities and enhance the Company's ability to deliver innovative solutions that drive efficiency and growth