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Hitek Global to acquire Ju Fu Limited for $20M, expanding into digital marketing.

Company Fundamentals
03 Aug 2026
PRNewsWire
View Source
Bullish
Hitek Global to acquire Ju Fu Limited for $20M, expanding into digital marketing.

Hitek Global Inc. announced it will acquire Ju Fu Limited, a digital marketing firm operating under the Beijing Fourth Coco brand, for $20 million. The deal includes cash payments and shares, with some payments contingent on performance targets. This acquisition aims to help Hitek expand its business into advertising and digital marketing services. The transaction is expected to close in two stages, starting around August 11, 2026.

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