NOIZ Group acquires LOOP Space to strengthen its digital innovation and transformation
NOIZ Group acquires LOOP Space to strengthen its digital innovation and transformation |
[28-April-2025] |
HONG KONG, April 29, 2025 /PRNewswire/ -- NOIZ Group Limited ("NOIZ" or the "Company," Stock Code: 8163), a company listed on the Growth Enterprise Market (GEM) of The Stock Exchange of Hong Kong Limited, today announced its strategic acquisition of LOOP Space, a cutting-edge Web 3.0 social platform powered by advanced AI-driven technology. About LOOP Space LOOP Space is an innovative social platform that integrates blockchain industry communities, digital gifting, 3D audio-visual social participation, and AI-based financial systems (GiftFi) to create a next-generation community experience. Launched in 2024, LOOP Space leverages Deepseek's AI technology to enhance user interaction, offering features similar to leading platforms like X App, Discord, and Douyin, while integrating Web 3.0 elements. Currently in its pre-commercial phase, LOOP Space has demonstrated strong user traction and is preparing to host events with industry leaders. The platform is designed to monetize through advertising, digital gift commissions, and developer ecosystem initiatives, positioning it for scalable growth in the evolving social and Web 3.0 landscape. LOOP Space will also continuously expand ecosystem boundaries by connecting with infrastructure providers, industry media, exchanges, and trending sectors including SocialFi, GiftFi, GameFi, and NFTs. Strategic Rationale for the Acquisition NOIZ Group is strategically expanding its digital business to capitalize on AI, immersive technologies, and Web 3.0 innovations. The acquisition of LOOP Space aligns with the Company's vision to:
About NOIZ Group NOIZ Group is a diversified company engaged in:
Mr. Hans Wong, Chairman and CEO of NOIZ is very pleased to welcome LOOP Space to join the Company and hopes the two parties will synergize in technology development, compliance frameworks, and global market expansion to drive the scaling and commercialization of Web 3.0 social ecosystems. With this acquisition, NOIZ reinforces its commitment to innovation and digital transformation, positioning itself as a forward-thinking player in the AI and Web 3.0 community. End (This press release is for informational purposes only and does not constitute an offer or solicitation for investment.)
SOURCE NOIZ Group Limited | ||
Company Codes: HongKong:8163 |