: GD Culture stock nearly doubles after plans announced to enter TikTok’s live-streaming e-commerce market
Shares of GD Culture Group Ltd. GDC blasted 92.5% higher in active premarket trading Monday, after the Hong Kong-based company said it plans to enter the live-streaming e-commerce business launched on the social media platform TikTok. Trading volume ballooned to 7.7 million shares, which compares with the full-day average over the past 30 days of about 44,200 shares. “The global e-commerce paradigm is shifting,” said Xiaojian Wang, chief executive of the company, which is doing business as Shanghai Highlight Media Co. Читать дальше...