Baosheng Media to acquire 40% stake in Blue Intelligence Cloud Innovation Technology
Reuters2026/08/17 13:25Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Baosheng entered a non-binding memorandum to acquire a 40% equity interest in Blue Intelligence Cloud Innovation Technology.
- Target would retain independent operations; existing shareholders would keep the remaining 60% stake.
- Deal targets expansion into AI marketing, including AI-driven traffic acquisition, user analytics, content generation, marketing conversion.
- Baosheng set a 30-business-day due diligence period; definitive agreements depend on diligence results and closing conditions.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baosheng Media Group Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608170925PRIMZONEFULLFEED9811196) on August 17, 2026, and is solely responsible for the information contained therein.
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