GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced its decision to discontinue its online livestreaming gaming business after conducting a comprehensive assessment. While this decision marks a significant shift, previously released games and related content will remain operational but will no longer receive updates.
The move aligns with the Company's broader strategy to optimize resources and focus on areas with greater long-term potential. Launched 18 months ago, the livestreaming gaming business capitalized on an exciting and rapidly evolving industry. During this period, the community of players, streamers, and stakeholders played a vital role in the platform's success, contributing to engaging gaming experiences that reached global audiences through social media.