Benzinga | Jun 28, 2021 09:21AM EDT

Luokung Forges Autonomous-Driving Data Partnership With Global Auto Manufacturer, Auto Parts Supplier

* Chinese Spatial-Temporal intelligent big data, interactive location-based services, and High Definition map provider Luokung Technology Corp (NASDAQ:LKCO) and a global auto manufacturer collaborated for China's autonomous-driving data collection and data management.

* Luokung's subsidiary eMapgo Technologies (Beijing) Co. (EMG) has begun implementing these services.

* EMG also collaborated with another international auto parts supplier headquartered in Europe for autonomous driving simulation testing and data management platform projects.

* Price action: LKCO shares traded higher by 7.57% at $2.70 in the premarket session on the last check Monday.