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Stock impact report

Nocera, Inc. Acquires Hangzhou SY Culture Media Co. Ltd., a Douyin Livestreaming e-Commerce Company [Yahoo! Finance]

Nocera, Inc. (NCRA) 
Company Research Source: Yahoo! Finance
focusing on manufacturing and operating land-based Recirculatory Aquaculture Systems ("RASs"), today announced that it has acquired the Douyin livestreaming e-commerce company, Hangzhou SY Media Co. Ltd. ("SY Culture"). The purchase price of the acquisition was 600,000 shares of Nocera common stock for 100% equity in SY Culture. SY Culture is a company focused on the Douyin livestreaming e-commerce sector, using a strategic livestream cloud and retail chain approach. SY Culture engages in interactive livestreaming activities such as chef demonstrations, food introductions, cooking shows, and ingredient selection recommendations to directly present and sell products to its users/consumers. Leveraging its established strategic foundation, SY Culture seamlessly integrates brands and operations via acquisitions and operational management of live-streaming hosts and channels, aiming to spearhead the Douyin livestreaming e-commerce arena. Andy Jin, Nocera's Chief Executive Officer, comm Show less Read more
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