**QMMM Holdings: Navigating the Booming Digital Human Landscape **
In the first half of 2023, the AI industry, particularly the “digital humans” sector, witnessed substantial growth and investment, highlighted by the appearance of the virtual digital human “å¼?æ½®å??” at the Asian Games. Amidst this buzz, Hong Kong-based digital media advertising firm QMMM Holdings Limited, active in the virtual avatar space since 2014, announced its plans to list on NASDAQ. Through its subsidiaries, Quantum Matrix Limited and ManyMany Creations Limited, QMMM offers a range of digital media advertising services. Quantum Matrix possesses two patents in Hong Kong, enabling the creation of digital avatars, with over 30,000 avatars produced to date. Despite its significant role in the digital human industry, QMMM has faced financial challenges, with revenues and profits declining due to pandemic-related factors. Projections indicate the potential for market growth in China’s virtual digital human sector, but QMMM must navigate a competitive advertising landscape and its existing financial hurdles to capitalize on future opportunities.
https://hk.investing.com/news/stock-market-news/article-390427
https://hk.investing.com/news/stock-market-news/article-390427