Taoping Inc. expands into Asian market

Taoping Inc., the leading provider of cloud-based ad terminals and services in the out-of-home advertising, based in the BVI and headquartered in China, announced that it has entered into strategic cooperation agreements with two companies: Asia Taoping Pte. Ltd. and Singapore Taoping Pte. Ltd. Both companies are the local partners of the BVI company.

According to the agreement, Asia Taoping will operate company sharing new media in South and Southeast Asia market, while Singapore Taoping will operate Taoping sharing new media in Singapore.

The Chairman and CEO of Taoping Inc., Mr. Jianghuai Lin commented on the new strategic agreements: “The expansion into the Asia market is another important move of our overseas development plan following TAOP’s successful landing in Toronto last month… The booming E-commerce market and increasing mobile app usage in Southeast Asia creates the conditions for the success of our ‘Smart IoT Terminal – Taoping Net/App – Taoping E-store’ lifestyle media ecosystem. We look forward to seeing more local businesses benefiting from our platform.”

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