Molecular Data Inc. in Talks to Strengthen its American Data Traffic
Molecular Data Inc. - ADS (MKD)
Company Research
Source: PR Newswire
SHANGHAI, March 8, 2021 /PRNewswire/ -- Molecular Data Inc. ("Molecular Data" or the "Company") (Nasdaq: MKD), a leading technology-driven platform in China's chemical industry, today announced that it has reached a partnership memorandum (MOU) for a potential transaction, including a stake in a renowned brand name in the US with more than two decades of domain expertise.Apart from synergies created in the partnership, the collaboration will further strengthen Molecular Data's American presence.About Molecular Data Inc.Molecular Data Inc. is a leading technology-driven platform in China's chemical industry, connecting participants along the chemical value chain through integrated solutions. The Company delivers e-commerce solutions, financial solutions, warehousing and logistics solutions, and SaaS suite that are intended to solve pain points for participants in the traditional chemical industry. Built upon a comprehensive knowledge engine and artificial intelligence (AI) capabilities
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