Earlier Reported, Scienjoy Amplifies Its Metaverse Vision With Key Strategic Initiatives In Dubai
Portfolio Pulse from Benzinga Newsdesk
Scienjoy Holding Corporation (NASDAQ:SJ), a Chinese live streaming and entertainment platform provider, has announced key advancements in its metaverse initiatives. The company has established Scienjoy Verse Tech Ltd in the Dubai International Financial Centre, aiming to make it the epicenter of the global metaverse business. Scienjoy has also appointed Dr. Khalifa Al Shimmari as the Chief Strategy Officer of SVTL. Furthermore, Scienjoy has signed a Memorandum of Understanding to acquire 90% shares in NUJOOM ALMASHREQ MEDIA L.L.C, a Dubai-based multi-channel network.
September 28, 2023 | 2:13 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Scienjoy's strategic initiatives in Dubai, including the establishment of a new company, appointment of a new CSO, and a potential acquisition, could potentially boost its position in the global metaverse business.
Scienjoy's strategic initiatives in Dubai, including the establishment of a new company, appointment of a new CSO, and a potential acquisition, could potentially boost its position in the global metaverse business. This could lead to increased investor interest and a potential rise in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100