9Gag is a Privately Owned company headquartered in Hong Kong. Founded in 2008, it employs approximately 150 individuals and functions as a tier 2 media tech buyer, reporting $66.2M in revenue as of 2023. The company's main product involves media and TV services, operating as a social media platform focused on entertaining, user-generated content.
MemeStrategy, a Hong Kong tech investment firm, invested in Solana, acquiring 2440 coins on an unspecified date. This investment resulted in a 28.5% surge in MemeStrategy's share price, marking the firm as the first publicly listed company in Hong Kong to invest in Solana. MemeStrategy also pledged to stake Solana tokens to bolster network security and generate rewards. Separately, Ray Chan, co-founder of 9GAG, participated in a panel discussion on resilience and reinvention alongside other entrepreneurs at an unspecified date. Finally, MemeStrategy partnered with 9GAG to organize the annual MemeDay festival globally. This collaboration aimed to connect brands with digitally engaged audiences.
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