Summary
Luokung Technology Corp., together with its subsidiaries, engages in the provision of location-based services and mobile application products for long distance rail travelers in the People's Republic of China. It offers Luokuang mobile application, which provides business to customer (B2C) location-based services; and SuperEngine that offers business to business (B2B) and business to government (B2G) services in connection with spatial-temporal big data processing. The company also provides Luokung software development kits and application-programming interfaces, which provide spatial-temporal big data analysis and customized map to software and mobile application developers; and spatial temporal indexing cloud service, a data-level virtualization technology. In addition, it offers information SuperEngine that includes the server engine, which enables to store, manage, and index the spatial temporal big data on the server side; and Web graphics image engine that supports transmission of graphics images, as well as display and edge computing for multi-terminal and cross-platform. Further, the company provides spatial temporal cloud platform, which offers cloud services, including data storage, data resource, and platform support services, as well as supports users to aggregate multi-source spatial data, map services, and Internet of Things streaming data; HD Map, an infrastructural component in smart transportation, autonomous driving, and smart cities; and autonomous driving enabling services. Luokung Technology Corp. was incorporated in 2009 and is headquartered in Beijing, China.
History
Luokung Technology Corp. was founded in 2014 and went public on NASDAQ in 2020. Since then, the company has been expanding its operations and building out its platform by investing in and acquiring various companies to improve its services. Luokung has collaborated with firms like OnStar, Bosch, and Baidu to further enhance its offerings.
Mission
The mission of Luokung Technology Corp. is to provide intelligent internet of vehicle solutions to automobile users worldwide and to create a smarter, more efficient, and safer driving experience. Luokung is committed to connecting people and vehicles through technology and providing the best user experience possible.
Vision
Luokung's vision is to become the leader in intelligent internet-of-vehicle solutions, with a global presence that provides a seamless, secure, and integrated experience for all drivers. We strive to create a better driving experience by connecting people and vehicles, providing effective and secure solutions, and driving innovation.
Key Team
Mr. Baomin Li (Chief Technical Officer)
Recognition and Awards
Luokung has been recognized for its technological efforts, winning several awards including the China Automobile Industry System Intelligence Development Tool Innovation Award and the China Interior Decoration Industry Innovation Award. The company has also been named a Top 50 Global Smart Transportation Company by Frost & Sullivan in 2020.
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