SPY424.31+0.70 0.17%
DIA345.12+0.14 0.04%
IXIC14,069.42+49.09 0.35%

Scienjoy to Explore Collaboration Opportunities With Beijing Douneng Maihuo Culture Media

05/10/2021 07:20

11:09 AM EDT, 05/10/2021 (MT Newswires) -- Scienjoy Holding Corp. (SJ) said Monday it has signed a memorandum of understanding with Beijing Douneng Maihuo Culture Media Co. Ltd., a multi-channel network and health e-commerce provider on TikTok, to create an official partnership and explore collaboration opportunities.

Through the partnership, Scienjoy's operating capabilities will help Beijing Douneng grow and maintain high private market advantages and public domain traffic conversion capabilities. In return, Scienjoy can further explore different user groups and improve its closed-loop of content e-commerce monetization and develop business segments, according to the statement.

Price: 8.60, Change: -0.21, Percent Change: -2.38