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Luokung Technology Corp(LKCO)

Description: Luokung Technology Corp. ("Luokung") is a global leading graphics data processing technology company, a leading interactive location-based services in China, and a pioneer and leader of the railway Wi-Fi market in China. Luokung's core mobile application product, the Luokung platform, is a Location-based Service (LBS) social content and service distribution platform. Luokung mainly provides personalized and precise services to long distance travelers in two locations: on the train and at the destination. Based on the travel environment, the core elements of our users' needs include starving off boredom on trains and discovering and exploring new locations upon arrival. Our main offerings include entertainment services (video and audio, digital reading material, games specific and tailored to the travel stage) and social services (satisfying the demand for value discovery of unfamiliar destinations through social interaction among strangers based on their locations). Luokung obtains travel users by the typical entrance for long-distance travel: offering free Wi-Fi services by systems deployed on the trains. Currently, 290 trains are in operation with the Luokung platform, covering about 200 million passenger trips per year. As the end of 2017, the Luokung platform had approximately 38 million users.


Keywords: Telecommunications Wireless Computer Networking Wireless Networking Games Data Processing Entertainment Services Wi-Fi Geolocation Processing Technology Social Services Ieee 802.11 Location Based Service

Home Page: www.luokung.com

LKCO Technical Analysis

SOHO Phase II
Beijing, 100020
China
Phone: 86 10 6506 5217


Officers

Name Title
Mr. Xuesong Song Chairman, Co-Founder & CEO
Mr. Dongpu Zhang Pres & Director
Mr. Jie Yu Chief Financial Officer
Mr. Baomin Li Chief Technical Officer

Exchange: NASDAQ

Country: US

Currency: US Dollar ($)

Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 0.6145
Price-to-Sales TTM: 0.662
IPO Date: 2018-08-23
Fiscal Year End: December
Full Time Employees: 738
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