MDJM LTD (NASDAQ:UOKA) shares are surging on Tuesday after the company disclosed the launch of its e-commerce platform, operated by its UK-based subsidiary, MD Local Global Limited.
This initiative reinforces MDJM's commitment to expanding its commercial reach while promoting cultural heritage and artisanal craftsmanship.
The platform, which is now live, offers culturally significant, handcrafted products that reflect tradition, artistry, and ethical values.
MDJM plans to collaborate with artisans, designers, and craftsmen worldwide who share its commitment to preserving traditional artistry and ethical business practices.
Siping Xu, Chairman and Chief Executive Officer of MDJM, added, “Through this platform, we aim to bridge tradition and innovation by curating a marketplace that upholds artistic integrity and thoughtful design aligned with our long-term vision.”
Last month, the company introduced ChatGPT Team by OpenAI into its operations.
This collaborative AI solution provides access to advanced models like GPT-4 and DALL•E 3 and tools such as Advanced Data Analysis. Additionally, it provides administration tools for team management.
Price Action: UOKA shares are up 18.9% at $0.1783 at the last check Tuesday.
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Image: Shutterstock/ Marko Aliaksandr