American Congress on Surveying and Mapping

Luokung Affiliate eMapgo has been Certified as Service Provider of the First Intelligent Transportation Pilot Applications Projects by Ministry of Transport of China

Retrieved on: 
Thursday, September 29, 2022
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Dr. Chuanjiu Wang, the Company's intelligent transportation expert and the leader of China's transportation information service industry, and his team is responsible for the overall design.

Key Points: 
  • Dr. Chuanjiu Wang, the Company's intelligent transportation expert and the leader of China's transportation information service industry, and his team is responsible for the overall design.
  • SDHS is a leading comprehensive infrastructure service provider with registered capital of CNY45.9 billion and total assets of over CNY1 trillion.
  • Luokung Technology Corp. is a leading spatial-temporal intelligent big data services company, as well as a leading provider of LBS and HD Maps for various industries in China.
  • EMG possesses the National Class-A qualification certificates of navigable Surveying and Mapping, and actively develops autonomous driving and HD Map services.

Luokung Affiliate eMapGo Wins 2022 Microsoft Top App Innovation Partner Award

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Thursday, August 18, 2022
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BEIJING, Aug. 18, 2022 /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 ("LBS") in China, today announced thatits operating affiliate eMapGo Technology (Beijing) Co., Ltd. ("EMG"), a leading provider of navigation and electronic map services in China, has received the Microsoft FY22 TopApp Innovation Partner Award.

Key Points: 
  • BEIJING, Aug. 18, 2022 /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 ("LBS") in China, today announced thatits operating affiliate eMapGo Technology (Beijing) Co., Ltd. ("EMG"), a leading provider of navigation and electronic map services in China, has received the Microsoft FY22 TopApp Innovation Partner Award.
  • EMG has served as a Microsoft independent software vendor ("ISV") partner since 2019, working with Microsoft in support of promoting the commercialization process for autonomous driving and digital transformation for Chinese clients in the automobile industry.
  • Mr. Xuesong Song, Luokung's Chairman and CEO, stated, "We are pleased to be recognized by our partner Microsoft.
  • Over the course of the past three years, we have established and continued to strengthen our partnership with Microsoft in areas in which EMG specializes."

Luokung Affiliate eMapGo Wins a China Association for Geospatial Industry and Sciences 2022 Enterprise Growth Award

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Tuesday, August 16, 2022
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BEIJING, Aug. 16, 2022 /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 ("LBS") in China, today announced thatits operating affiliate eMapGo Technology (Beijing) Co., Ltd. ("EMG"), a leading provider of navigation and electronic map services in China, has received the 2022 Enterprise with the Greatest Growth Potential in the Geospatial Industry Award from the China Association for Geospatial Industry and Sciences ("CAGIS"), recognizing EMG's compound growth rate of 122.5% over the past three years in its geospatial business.

Key Points: 
  • BEIJING, Aug. 16, 2022 /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 ("LBS") in China, today announced thatits operating affiliate eMapGo Technology (Beijing) Co., Ltd. ("EMG"), a leading provider of navigation and electronic map services in China, has received the 2022 Enterprise with the Greatest Growth Potential in the Geospatial Industry Award from the China Association for Geospatial Industry and Sciences ("CAGIS"), recognizing EMG's compound growth rate of 122.5% over the past three years in its geospatial business.
  • The Company ranked second in compound growth rate among approximately 50 companies that were recognized with this honor.
  • Mr. Xuesong Song, Luokung's Chairman and CEO, stated, "We are thrilled that EMG's growth in recent years has been recognized by CAGIS.
  • Luokung Technology Corp. is a leading spatial-temporal intelligent big data services company, as well as a leading provider of LBS for various industries in China.

Luokung Affiliate eMapGo Continues Providing Autonomous Driving Data Services for Zenseact

Retrieved on: 
Wednesday, June 29, 2022
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EMG is China's leading autonomous driving HD Maps service provider.

Key Points: 
  • EMG is China's leading autonomous driving HD Maps service provider.
  • We look forward to strengthening our partnership with Zenseact as their autonomous driving data services provider and to working closely with their team in fulfilling their mission of creating a safe and reliable autonomous driving platform.
  • Luokung Technology Corp. is a leading spatial-temporal intelligent big data services company, as well as a leading provider of LBS and HD Maps for various industries in China.
  • EMG possesses the National Class-A qualification certificates of navigable Surveying and Mapping, and actively develops autonomous driving and HD Map services.

Luokung Reports Financial Results for the Six Months Ended June 30, 2021

Retrieved on: 
Monday, November 1, 2021
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BEIJING, Nov. 1, 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 ("LBS") and high-definition maps ("HD Maps") in China, today announced results for the six months ended June 30, 2021 ("First Half 2021"). The full financial statements are available on the Form 6-K filed with the U.S. Securities and Exchange Commission on the same date.

Key Points: 
  • In September 2021, Luokung announced that its operating affiliate, EMG, signed a cooperation agreement with Microsoft to launch autonomous driving services for automakers.
  • For the First Half 2021, revenues increased to $37.8 million, compared to $7.3 million for the six months ended June 30, 2020.
  • Luokung will host a conference call at 8:00a.m.Eastern Time on Tuesday, November 2, 2021, during which management will discuss the First Half 2021 results.
  • The financial estimates set forth above are based on an initial review of the Company's operations for the six months ended June 30, 2021 and are subject to change.

Luokung Announces eMapgo Signs Cooperation Agreement with Microsoft for Launch of Autonomous Driving Services

Retrieved on: 
Thursday, September 16, 2021
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Under the terms of the agreement, EMG will work with Microsoft to provide auto manufacturers with services including the collection, storage, analysis, management and simulation testing of autonomous driving data, to assist automakers in the rapid implementation of autonomous driving technologies in China.

Key Points: 
  • Under the terms of the agreement, EMG will work with Microsoft to provide auto manufacturers with services including the collection, storage, analysis, management and simulation testing of autonomous driving data, to assist automakers in the rapid implementation of autonomous driving technologies in China.
  • EMG anticipates continuing to work with Microsoft to provide these data services when large-scale commercialization of autonomous driving takes place.
  • We are pleased to deepen our existing relationship with Microsoft in this effort to promote the development of safe and intelligent autonomous driving in China."
  • EMG possesses the National Class-A qualification certificates of navigable Surveying and Mapping, and actively develops autonomous driving and HD Map services.

Luokung Announces eMapGo to Provide Community Information Management and Technical Services for Heilongjiang Mobile

Retrieved on: 
Monday, September 13, 2021
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Luokung's Internet LBS B2B business integrates Luokung Super Engine's full vector technology with EMG's precision map data capabilities.

Key Points: 
  • Luokung's Internet LBS B2B business integrates Luokung Super Engine's full vector technology with EMG's precision map data capabilities.
  • The Company has launched a series of B2B LBS services and products in various industries and business settings.
  • Mr. Xuesong Song, Chairman and CEO, stated, "We are pleased to engage with Heilongjiang Mobile and look forward to working closely with their team to implement technical data services to better serve their customers.
  • eMapgo, a variable interest entity ("VIE") of Luokung, is a leading provider of navigation and electronic map services inChina, as well as a leading provider in Internet map services, geographic information system engineering and other A-level mapping qualifications.

Luokung Announces eMapGo to Provide Autonomous Driving Data Services for Zenseact

Retrieved on: 
Tuesday, September 7, 2021

As a next step, Zenseactintends to industrialize the autonomous driving platform and set real-life autonomous safety benchmarks to increase the reliability of its own products.

Key Points: 
  • As a next step, Zenseactintends to industrialize the autonomous driving platform and set real-life autonomous safety benchmarks to increase the reliability of its own products.
  • Mr. Xuesong Song, Chairman and CEO, stated, "We are pleased to be partnering with Zenseact as their autonomous driving data services provider and look forward to working closely with their team in fulfilling their mission of creating a safe and reliable autonomous driving platform.
  • Luokung Technology Corp. is a leading spatial-temporal intelligent big data services company, as well as a leading provider of LBS and HD Maps for various industries inChina.
  • EMG possesses the National Class-A qualification certificates of navigable Surveying and Mapping, and actively develops autonomous driving and HD Map services.

Luokung Announces eMapgo to Lead Development of Standards for Technical Requirements of Automated Valet Parking Map and Localization

Retrieved on: 
Thursday, September 2, 2021
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Automated Valet Parking ("AVP") is known as the L4 autonomous driving technology that enables vehicles to park themselves.

Key Points: 
  • Automated Valet Parking ("AVP") is known as the L4 autonomous driving technology that enables vehicles to park themselves.
  • Luokung believes that AVP is currently the most promising application for autonomous driving technology and is the first to achieve commercial launch.
  • The development of the AVP Requirements will further improve and refine the AVP standards and establish a uniform set of safety and technical requirements in China, providing a clear foundation for future AVP products.
  • The development of the AVP Requirements allows the industry to promote the progress of AVP product development and launch, as well as the safe and rapid expansion of the autonomous driving industry.

Luokung Announces Preliminary Results for First Half 2021, Reports Record Revenues of $37.8 Million for the Period

Retrieved on: 
Thursday, August 26, 2021
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Luokung achieved record total revenue for the six months ended June 30, 2021 of approximately $37.8 million, compared to $7.3 million in the prior-year period.

Key Points: 
  • Luokung achieved record total revenue for the six months ended June 30, 2021 of approximately $37.8 million, compared to $7.3 million in the prior-year period.
  • This revenue was mainly driven by HD Map data services provided to auto makers in connection with autonomous driving.
  • We are very pleased with our market growth in 2021, which has enabled us to achieve record revenues during this period, growing revenue by more than five times that of the prior-year period.
  • The Company intends to provide preliminary financial updates in the future, in addition to financial results filed or furnished with the Securities and Exchange Commission.