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Stock impact report

TAOP Announces Strategic Partnership with Yifeng Pharmacy Chain Co. Ltd

Taoping Inc. - Ordinary Shares (TAOP) 
Company Research Source: GlobeNewswire
SHENZHEN, China, Sept. 25, 2019 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP), a leading provider of internet-based smart display screens, and a new-media ecosystem that enable targeted advertising and online retail, today announced that the Company is launching a strategic partnership with Yifeng Pharmacy Chain Co., Ltd. (“Yifeng”)(SHA: 603939), a chain of pharmacy with over 4,000 retail stores in China. As strategic partners, TAOP will place its smart display screens in Yifeng chain stores across the country, and Yifeng will have the options to become owners of Taoping screens and to attract and place advertisements of its suppliers in Taoping Network. TAOP will use its technology platform and technical expertise to provide owners of Taoping screens and advertisement agents with revenue sharing. “This partnership marks the beginning of Taoping Network to cover retail pharmacy stores, in line with our strategy to cover all areas of high people traffic around people’s daily life Show less Read more
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