Business
9GAG Founder Completes Acquisition of Controlling Stake in Howking Tech (2440.HK), Proposing Rename to "MemeStrategy," Set to Become Asia's First Publicly Listed Virtual Asset Ecosystem Venture
Ray Chan, co-founder of the internationally acclaimed meme platform 9GAG, has officially completed the acquisition of a controlling stake in Howking Technology International Holdings Limited ("Howking Technology"; Stock Code: 2440) and announced plans to rename the company as MemeStrategy Inc. ("MemeStrategy"), which captures the company's latest business outlook and strategic ambitions. It underscores the company's positioning as Asia's first publicly listed virtual asset ecosystem venture. The
About this update from Memestrategy. Inc.
[{"type":"text","content":"HONG KONG, April 1, 2025 /PRNewswire/ -- Ray Chan, co-founder of the internationally acclaimed meme platform 9GAG, has officially completed the acquisition of a controlling stake in Howking Technology International Holdings Limited ("Howking Technology"; Stock Code: 2440) and announced plans to rename the company as MemeStrategy Inc. ("MemeStrategy"), which captures the company's latest business outlook and strategic ambitions. It underscores the company's positioning as Asia's first publicly listed virtual asset ecosystem venture. The proposed name change is subject to approval by shareholders at the upcoming Extraordinary General Meeting.","length":695,"tagName":"p"},{"type":"text","content":"MemeStrategy has also officially announced the latest appointments to its Board of Directors. Ray Chan has assumed the roles of Chairman and Chief Executive Officer, leading the company's strategic development and business operations. As co-founder of 9GAG, Chan successfully built the platform into a globally recognized brand with over 200 million users worldwide[1], backed by investments from top-tier accelerator Y Combinator and other prominent venture capital firms. With a vast international user base, 9GAG is a prime example of a Hong Kong-based tech company achieving global success.","length":618,"tagName":"p"},{"type":"text","content":"In addition, several key members from 9GAG and Memeland have joined the Board as Executive Directors, driving MemeStrategy's strategic focus on three key growth pillars: Artificial Intelligence (AI), Blockchain, and Culture.","length":228,"tagName":"p"},{"type":"text","content":"Strategic Integration of Virtual Assets and Web3 Ecosystem","length":58,"tagName":"p"},{"type":"text","content":"MemeStrategy plans to incorporate Bitcoin and other high-potential virtual assets into the company's asset allocation to achieve long-term value growth. Leveraging its extensive experience in social media and the Web3 space, the team will selectively invest in innovative Web3 and AI projects. By integrating 9GAG's vast global community resources with over 200 million users worldwide, the company aims to accelerate growth and foster business diversification and sustainable development. Key focus areas include &...