uCloudlink's U.S. Expansion: uCloudlink Group Inc's consumer brand GlocalMe is launching PetPhone, an AI-powered device aimed at connecting pets and their owners, as part of its strategy to double revenue in the U.S. by 2025.
Market Potential and Partnerships: The U.S. pet care market, valued at over $140 billion, is receptive to technology that enhances pet well-being. GlocalMe has partnered with Chewy to become the exclusive PetPhone service provider, with plans for launch events in major cities.
UCL
$1.965+Infinity%1D
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About UCL
Ucloudlink Group Inc provides mobile data traffic sharing marketplace. The Company operates its business under uCloudlink 1.0 and uCloudlink 2.0 models. The uCloudlink 1.0 model focuses on cross-border travelers that need mobile data connectivity services across different countries. The uCloudlink 2.0 model focuses to provide mobile data connectivity services to local users across different mobile network operators (MNO). It operates portable wireless fidelity (Wi-Fi) services under its Roamingman brand in China, Malaysia and Singapore to provide global mobile data connectivity services. It offers GlocalMe portable Wi-Fi terminals and provide its cloud subscriber identification module (SIM) architecture to business partners such as mobile virtual network operators (MVNO), MNOs and portable Wi-Fi terminal rental companies. The Company have developed algorithms to analyze historical data usage patterns and predict future data traffic demand.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
