---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-001238"
form_type: "8-K"
ticker: "CNET"
cik: "0001376321"
company_name: "ZW Data Action Technologies Inc."
filed_at: "2025-03-04T23:59:59+00:00"
generated_at: "2026-05-25T13:29:58.082604+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ZW Data Action Tech to acquire Rahula Digital Media for $600k

## Summary
- Subsidiary ChinaNet Investment Holding to buy 100% of Rahula Digital Media (HK) from Vickie Chan for US$600,000.
- Rahula owns Shenzhen Shangye Business Consulting, which holds marketing data IP and agent management technologies.
- Deal expected to close before March 18, 2025; subject to customary conditions.
- Consideration to be paid in cash at completion; agreement contains standard representations and warranties.

## SEC filing metadata
- accession: 0001171843-25-001238
- form_type: 8-K
- ticker: CNET
- cik: 0001376321
- company_name: ZW Data Action Technologies Inc.
- filed_at: 2025-03-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376321/000117184325001238/0001171843-25-001238-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376321/000117184325001238/f8k_030325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-001238
- JSON: https://secwatch.observer/filing/0001171843-25-001238.json
- Plain text: https://secwatch.observer/filing/0001171843-25-001238.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.