uCloudlink to Create New Operational Framework for Pet Technology Division
New Operational Structure: UCLOUDLINK GROUP's board has approved a plan to operate its pet-tech business under a new Cayman Islands-based holding company, supported by local subsidiaries.
AI-Powered Ecosystem Development: The initiative aims to create an AI-powered smart wearable ecosystem for pets and an interactive online platform connecting pets, owners, and communities globally, integrating various digital services.
Capital Raising for Expansion: To support the development of this global pet online platform, the New Company plans to raise additional capital and attract investors to accelerate its expansion and user growth.
Focus on Real-Time Connectivity: The platform will facilitate real-time connections among pets, owners, and fans, enhancing the overall pet ownership experience through integrated services like voice, video, and health-related features.
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