StockMarketWire.com - Sealand Capital Galaxy said it had agreed to form a joint venture with Jiangmen Xiaoming Internet Technology that would provide marketing services in China.

Sealand said it would hold the majority of the shares in the JV.

Jiangmen Xiaoming was the official owner of the 'Walk You Through The UK' WeChat account.

'The JV will use a variety of marketing schemes available on social media in China to provide competitive advertising, customer targeting and marketing solutions to a wide variety of merchants,' Sealand Capital said.

The 'Walk You Through The UK' WeChat account had around 700,000 Chinese and British followers and was used by merchants to disseminate news of new products, promotions and 'hot topics' to the account's followers.

At 9:34am: [LON:SCGL] Sealand Capital Galaxy Limited Ord Shs Gbp0.0001 Each Di share price was +0.05p at 0.65p



Story provided by StockMarketWire.com