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0.0591259640102828 0.0513881748071979 0 0.00257069408740366 0.0539845758354757 0.0359897172236504 -0.0128534704370179 -0.0693830334190231
Stock impact report

GD Culture Group Enters into Memorandum of Understanding with Pier E Media for Expansion into TikTok Agency Business

GD Culture Group Limited (GDC) 
Company Research Source: GlobeNewswire
NEW YORK, Nov. 21, 2023 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), a Nevada holding company conducting business through its subsidiaries AI Catalysis Corp. (“AI Catalysis”), today announced the signing of a Memorandum of Understanding (the “MOU”) between AI Catalysis and Pier E Media, a leading influencer agency that connects brands with influential content creators, to expand its agency business on TikTok. The collaboration marks GDC's strategic expansion into TikTok agency business, which is critical in boosting the Company’s performance in eCommerce and game live streaming sectors and strengthening its connections with TikTok content creators. Pursuant to the MOU, AI Catalysis and Pier E Media shall act as the Movement directors. Additionally, Pier E Media grants the rights to AI Catalysis to utilize its agency license and TikTok accounts. The signing of the MOU is essential to the AI Catalysis’s talent acquisition and business expansio Show less Read more
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