WiMi Hologram, China Telecom ICartoons Announce Partnership - Quick Facts

Augmented reality technology provider WiMi Hologram Cloud Inc. (WIMI) said on Thursday that it has signed a partnership agreement with China Telecom iCartoons.

Under the deal, WiMi Hologram will deliver holographic social media, live streaming, education, and other holographic virtual solutions for the comic content provided by China Telecom iCartoons.

The interfacing of both parties' systems will help develop virtual user inquiries, order placement, and payment process services for China Telecom iCartoons' proprietary content for all of its users.

In Thursday's pre-market trade on the Nasdaq, WiMi shares are trading 14% up at $8.99.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Covid vaccine makers Pfizer Inc. and BioNTech SE announced a new $3.2 billion vaccine supply deal with the U.S. Government, as the country is bracing for a Covid outbreak this fall. Under the deal, the U.S. government will receive 105 million doses (30 µg, 10 µg and 3 µg) of Pfizer -BioNTech covid vaccines initially. The order may include adult Omicron-adapted COVID-19 vaccines. Samsung Electronics Co. has started the initial mass production of 3-nanometer or nm chips, which is considered as the most advanced chip in the world. In its move, the South Korean tech major beats rival Taiwan Semiconductor Manufacturing Co., the world's largest chip manufacturer, which is reportedly in the process to build one. Bryant Ranch Prepack Inc. is recalling certain Morphine Sulfate Extended-Release Tablets citing incorrect labeling, the U.S. Food and Drug Administration said. The recall involves one lot of Morphine Sulfate 30 mg Extended-Release tablets, and one lot of Morphine Sulfate 60 mg Extended-Release tablets to the consumer level.
Follow RTT