Elate Holdings Limited has announced that it has entered into a 3-year Cooperation and Management Agreement with Macao eMedia Development Company Limited, the owner of AOMI APP. Under the agreement, Elate Holdings will develop AOMI Company's business in Asia, participate in its management and business development through its subsidiary, and introduce artificial intelligence into its operations. The two parties have also agreed to determine management fees and profit sharing based on future business development and performance. Macao eMedia Development Company Limited operates the largest local life e-commerce platform and the largest online food and grocery delivery provider in Macau.
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