https://www.accesswire.com/viewarticle.aspx?id=506797

SHENZHEN, CHINA / ACCESSWIRE / July 26, 2018 /Taoping Inc. (NASDAQ: TAOP), a leading provider of internet-based ad distribution and ad display terminal sharing systems in China, today announced that Taoping Alliance, a new media operating organization founded by TAOP and Shenzhen Taoping New-Media Limited, have entered into a contract with Ju'an Home, a nation-wide in-home care and service platform. The contract is expected to generate $17.6 million revenues for Taoping Alliance within the next twelve months.

According to the contract, Ju'an Home's real-time ads, including brand promotions, lock hardware products announcements, and in-home care and service announcements, can be distributed on the selected cloud-based ad terminals respectively owned by local members of Taoping Alliance throughout 22 cities in China. As the developer and technology/service provider of the Taoping new-media eco-system and the founder of Taoping Alliance, TAOP is expected to receive approximately 15% of the total revenue generated from the contract.