Linklogis Inc. Class B (HK:9959) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Linklogis Inc. has announced the acquisition of a 29.3763% equity interest in Shenzhen Bytter Technology Co., Ltd for RMB47,498,541. The valuation of the target company was primarily conducted using the market approach due to the significant changes in the company’s profitability and industry characteristics. This acquisition highlights Linklogis’s strategic move in the software and IT service industry.
For further insights into HK:9959 stock, check out TipRanks’ Stock Analysis page.