MultiMetaVerse Holdings (MMV) has released an update.
MultiMetaVerse Holdings Limited, an emerging player in China’s animation and entertainment sector, has announced plans to acquire Bowong Technology, a company specializing in AI technology for e-commerce. The deal involves the issuance of 37 million MMV shares at $0.75 each, placing Bowong’s pre-acquisition value at $28 million. This strategic move aims to integrate Bowong’s AI expertise and international e-commerce services into MMV’s entertainment portfolio, potentially reshaping the landscape of digital consumer experiences.
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