Luokung Technology Corp

Luokung Technology Corp. operates as a graphics data processing technology company. It engages in the provision of interactive location-based services. The firm's products include a location-based service, under the Luokung brand. It provides personalized and specific services to long distance travelers on the train and at the destination. The company was founded on October 27, 2009 and is headquartered in Beijing, China.

Luokung Technology Corp. is a graphics data processing technology company, which engages in the provision of interactive location-based services and High Definition Maps for various industries. It provides personalized and specific services to long distance travelers on the train and at the destination. The firm's products include a location-based service, under the Luokung brand. The company was founded on October 27, 2009 and is headquartered in Beijing, China.

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Luokung Technology is on fire on good news from S&P Global even as other Chinese stocks buckle under a crackdown.

Why This Chinese Penny Tech Stock Rocketed Today

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Chinese Spatial-Temporal intelligent big data, interactive location-based services, and High Definition map provider Luokung Technology Corp (NASDAQ: LKCO) and a global auto manufacturer collaborated for China's autonomous-driving data collection and data management. Luokung's subsidiary eMapgo Technologies (Beijing) Co. (EMG) has begun implementing these services.

Luokung Forges Autonomous-Driving Data Partnership With Global Auto Manufacturer, Auto Parts Supplier

BEIJING, June 28, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading Spatial-Temporal intelligent big data services company and provider of interactive location-based services and High Definition maps ("HD Maps") in China, today announced the signing of a designated service contract for autonomous-driving data collection and data management in China with one of the world's top auto manufacturers. Luokung's wholly-owned subsidiary eMapgo Technologies (Beijing) Co., Ltd.

Luokung Signs Autonomous-Driving Data Services Contracts with Leading Global Auto Manufacturer and Auto Parts Supplier

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Approval for its mapping technology helped lift the stock today.

Why Luokung Stock Was Climbing Today

BEIJING, June 23, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading Spatial-Temporal intelligent big data services company and provider of interactive location-based services and High Definition maps ("HD Maps") in China, today announced that the Intelligent and Connected Vehicles—Highly Automated Driving Map—Acquisition Element Model and Exchange Format standard (standard number: T/CSAE 185-2021), sponsored by Luokung's wholly-owned subsidiary eMapgo Technologies (Beijing) Co., Ltd. ("EMG"), a leading provider of navigation and electronic map services in China, has passed the project approval and review process by the China Society of Automotive Engineering Standards (CSAE) and was approved for official release.

Luokung Announces Approval of eMapGo's HD Map Standards

Shares of the Chinese mapping technology company were up after it signed a new contract last week.

Why Luokung Technology Stock Was Jumping Again Today

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The stock price of Luokung Technology Corp. (NASDAQ: LKCO) increased by over 15% during intraday trading. This is why it happened.

LKCO Stock Price Increases Over 15%: Why It Happened

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Spatial-Temporal intelligent big data services company Luokung Technology Corp's (NASDAQ: LKCO) subsidiary eMapgo Technologies (Beijing) Co., Ltd. (EMG), a provider of navigation and electronic map services in China, struck a deal for a new generation traffic control network and innovative highway demonstration project for the Changjiu Expressway in the Jiangxi Province of China.

Luokung Technology's eMapgo Subsidiary Bags Changjiu Expressway's Smart Highway Demonstration Project

BEIJING, June 18, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading Spatial-Temporal intelligent big data services company and provider of interactive location-based services and HD Maps in China, today announced that its wholly owned subsidiary eMapgo Technologies (Beijing) Co., Ltd. ("EMG"), a leading provider of navigation and electronic map services in China, has entered into a contract to deliver a new generation traffic control network and smart highway demonstration project for the Changjiu Expressway in the Jiangxi Province of China.

Luokung Announces Subsidiary eMapgo's Contract Win for New Generation Traffic Control Network and Smart Highway Demonstration Project

Chinese interactive location-based services and big data processing technology company Luokung Technology Corp (NASDAQ: LKCO) announced the U.S. Department of Defense's (DoD) removal of the company's designation as a Communist Chinese Military Company. Luokung and its shareholders were no longer subject to any restrictions.

DoD Relieves Luokung Technology From Communist Chinese Military Company Designation, Company Says

BEIJING, June 15, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading interactive location-based services and big data processing technology company based in China, announced today that the U.S. Department of Defense ("DoD") has removed the Company's designation as a Communist Chinese Military Company. In addition, as a result of the omission of the Company from Executive Order 14032, which amends and supersedes Executive Order 13959 in imposing restrictions on trading shares of certain Chinese companies, Luokung and its shareholders are no longer subject to any restrictions pursuant to Executive Order 13959, as amended.

Luokung Announces Removal from Executive Order List, Favorable Conclusion of Department of Defense Designation Matter

The stock price of Luokung Technology Corp (NASDAQ: LKCO) increased by over 15% pre-market. These are the details.

LKCO Stock Price: Over 15% Increase Pre-Market Details

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News for Luokung Technology Corp Stock (LKCO)