JMU acquired Unicorn Investment

JMU Ltd., a China-based B2B online e-commerce platform, acquired Unicorn Investment Ltd., a UK-based developer of asset transaction platform products based on blockchain technologies.

The former shareholder of Unicorn and the seller in the acquisition, Haohan Xu, is a principal shareholder of the company.

JMU is acquiring Unicorn to meet the emerging demands of blockchain technology-based transactions.