Paranovus Entertainment Technology Ltd.
Business
Paranovus Entertainment Technology Ltd. is an offshore holding company that operates through subsidiaries to provide AI-powered entertainment applications and social commerce solutions. It offers AI-driven games and applications (including the interactive game 10,000 Lives), and e-commerce enablement services such as TikTok Shop product sales, livestreaming operations, influencer (KOL) engagement, ad placement and other merchant services. Key operating units include 2Lab3 (AI entertainment development) and BW with its Bomie US and WooKoo subsidiaries (e-commerce and social commerce solutions). The company distributes products and services primarily through digital channels — app stores, TikTok Shops, short-form video, livestreaming and other online platforms across North America and the Asia‑Pacific region.
Summary from filing dated 2025-08-04
Financials
Latest annual snapshot (FY2025, period end 2025-03-31). Full statement history unavailable for this entity.
| Revenue | $71.5K |
| Net income | $-7.89M |
| Total assets | $35.56M |
| Total liabilities | $6.56M |
| Stockholders' equity | $24.26M |
| Operating cash flow | $-2.67M |