Kaixin Holdings Announces Acquisition of XINGCAN, Launching AI Education Business
1. Kaixin plans to acquire 55% of XINGCAN in new share issuance. 2. XINGCAN focuses on AI education, integrating live streaming with educational services. 3. Collaboration aims for global growth in AI education ecosystem. 4. Expected 50% annual growth rate for XINGCAN in the coming years. 5. This acquisition positions Kaixin as an AI-driven tech player.