What is Link Motion?
Link Motion Inc., trading under the ticker LKM on the NYSE, operates as a leading smart car and smart ride business. The company's comprehensive portfolio encompasses enabling technology solutions and secure connected car computers designed for a diverse ecosystem of automotive businesses, consumer ride-sharing services, and legacy mobile security applications. Established in 2005, Link Motion achieved a significant milestone by becoming the first Chinese mobile internet service company to list on the NYSE in May 2011. With international offices in Beijing, Hong Kong, Taipei, Dallas, and Finland, Link Motion is strategically positioned to address the evolving landscape of connected transportation and mobility services.
How much funding has Link Motion raised?
Link Motion has raised a total of $89.1M across 1 funding round:
Stock Offering
$89.1M
Stock Issuance/Offering (2011): $89.1M, investors not publicly disclosed
What's next for Link Motion?
The substantial enterprise-level funding and recent strategic investment indicate a strong growth trajectory for Link Motion. This capital infusion is likely to accelerate the development and deployment of its smart car and smart ride technologies, further solidifying its market position. The company's focus on connected car solutions and ride-sharing services suggests a strategic push towards expanding its ecosystem and enhancing user experiences within the automotive industry. Future initiatives may involve further technological innovation, strategic partnerships, and market expansion to capitalize on the burgeoning connected vehicle market.
See full Link Motion company page
