Scienjoy Announce Its Strategic Investment Of $3M To Acquire 30% Equity Interest In Dubai-Based Metaverse Company DVCC
Portfolio Pulse from Benzinga Newsdesk
Scienjoy has announced a strategic investment of $3M to acquire a 30% equity interest in Dubai-based metaverse company DVCC. This acquisition marks a transformative chapter for Scienjoy as it embraces the metaverse evolution.

September 06, 2023 | 11:27 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Scienjoy's strategic investment in DVCC could potentially open new revenue streams and growth opportunities in the metaverse, which could positively impact its stock price.
Scienjoy's investment in DVCC represents a strategic move into the rapidly growing metaverse market. This could potentially open new revenue streams and growth opportunities for the company, which could positively impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100