 SHENZHEN, March 19, 2021 GLOBE NEWSWIRE -- Taoping Inc. NASDAQ: TAOP, the Company, a provider of internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, announces today that it has entered into a share purchase agreement to acquire 100 equity interest in Taoping New Media Co., Ltd. Taoping New Media. After the closing of the transaction, Taoping New Media will become a wholly owned subsidiary of Biznest Internet Technology Co., Ltd., a variable interest entity of TAOP. 