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Benzinga

Business

Shivani Kumaresan

Secoo Holding Partners With Meta Media's ZiWU To Explore NFT Business

SECO Nasdaq

Luxury products and services-based platform Secoo Holding Ltd (NASDAQ:SECO) has entered into a partnership with Meta Media subsidiary ZiWU.
The parties have agreed to integrate the industry chain through resource sharing and work together on collections and NFT (non fungible token).
Secoo and ZiWU will explore the business model and value of digital arts and step into the NFT market.
Secoo APP will be the exclusive e-commerce platform for ZiWU and will also develop a content sharing mechanism.
ZiWU is a bookstore with multi-functions including a bookstore, exhibition center, and office.
Price Action: SECO shares closed higher by 0.11% at $0.36 on Wednesday.

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