Fubo Group (03738) is now up more than 6%. As of press release, it has risen 6.38% to HK$1.5, with a turnover of HK$156.317 million.
The Zhitong Finance App learned that Fubo Group (03738) is now up more than 6%. As of press release, it has risen 6.38% to HK$1.5, with a turnover of HK$156.317 million.
Haitong Securities released a research report stating that in 2023, the company's subscription service revenue increased 58% year-on-year to HK$870 million. In 2023, the company will expand its service capabilities to a wider range of copyright fields, continuously improve the subscription service product matrix, and continue to expand the service field. In addition, the company actively promotes technological upgrading and product innovation, and value-added services provide further room for growth. The company is also actively adapting to the development trend of Web3 & AI and expanding the construction of new formats for copyrighted content.
Dongwu Securities, on the other hand, pointed out that the company actively lays out the AI field and cooperates with the University of Florida and other institutions to develop digital content copyright technology to cope with changes in the content production and distribution pattern. The company actively develops new products to adapt to changes in market demand, especially in the field of digital assets such as Web3, to build industry-level copyright protection and transaction infrastructure for the required enterprise platforms.