Paranovus Entertainment Technology Ltd.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Xiaoyue Zhang
- Full Time Employees
- 28
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- 250 Park Avenue New York NY United States of America 10177
- IPO Date
- Oct 25, 2019
- CIK
- 0001751876
- Website
- pavs.ai
- Similar Companies
- Business
- Paranovus Entertainment Technology Ltd. engages in the artificial intelligence-powered entertainment industry through its subsidiaries, developing and offering AI-driven games and applications such as immersive digital entertainment experiences, life simulation technologies including the SimTwin application for lifelike digital replicas, and interactive mobile games like 10,000 Lives that blend board game mechanics with AI-enhanced narratives; it distributes these products via websites and mobile apps to global audiences. Founded in 2004 and headquartered at 250 Park Avenue, 7th Floor, New York, New York, the company previously known as Happiness Development Group Limited changed its name in March 2023 and has streamlined operations by ceasing non-core activities in e-commerce, internet advertising, and automobile sales to focus exclusively on AI entertainment. Recent developments include the acquisition of 100% of 2lab3 in March 2023 to enter AI and entertainment sectors, the March 2025 completion of a $22.4 million acquisition for 51% equity in Bomie Wookoo Inc. to expand into TikTok e-commerce solutions despite the core pivot, and a November 2025 Form F-3 shelf registration for up to $200 million to fund AI growth and potential e-commerce initiatives.
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