BEIJING, Nov. 18,
2022 /PRNewswire/ -- WeTrade Group Inc.
("WeTrade" or the "Company") (NASDAQ: WETG), a global diversified
"software as a service" ("SaaS") technology service provider
committed to providing technical support and digital transformation
tools for enterprises across different industries, today announced
that the Company intends to seek out strategic expansion in
hospitality and residential sectors. Since the Company believes
that the two markets are likely to recover significantly as
China eases its COVID
restrictions, it plans to introduce
its YCloud system to these two markets to further expand the
Company's business scope.
As international airlines return to pre-pandemic passenger
capacity and quarantine policies relax in Hong Kong and Macau, the demand for travel and offline
shopping will likely be rekindled, particularly in the hospitality
sector. In addition, the Company believes that the pent-up
demands from China's residential
communities may create tremendous business opportunities.
WeTrade Group Inc., a global SaaS technology service provider,
focuses on providing technical support and digital transformation
tools for a wide range of industries. Since August
2022, WeTrade has continued to increase its industrial
layout and adjust its business structure, and the efforts are
now starting to pay off and manifested inthe company's three major
business highlights: YCloud, Y-Health, and WTpay.
With that in mind, WeTrade Group is drafting its talent
blueprint that will guide its growth and expansion strategy in
China's market and beyond, by
inviting more talented employees and professionals to join the
team.
About WeTrade Group Inc.
WeTrade Group Inc. is a global diversified "software as a
service" ("SaaS") technology service provider which is committed to
providing technical support and digital transformation tools for
enterprises across different industries. The three main business
segments of the Company are YCloud, WTPay and Y-Health.
YCloud is a micro-business cloud intelligent system launched by
WeTrade, serving global micro-business industry. YCloud strengthens
users' marketing relationship and CPS commission profit management
through leading technology and big data analysis. It also helps
increase the payment scenarios to increase customers' revenue by
multi-channel data statistics, AI fission and management as well as
improved supply chain system.
Independently developed by the Company, WTPay supports multiple
methods of online payment and eight mainstream digital wallets in
over 100 countries to help customers quickly realize global
collection and payment business. Customers can use WTpay for global
acquiring business, global store opening, global payment
collection, international banking, global remittance and currency
exchange.
Under its global public health business sector Y-Health, the
Company engages in developing global business for biological health
and medical enterprises. Currently, Y-Health mainly focuses on
detection and prevention of epidemic, daily healthcare, traditional
Chinese medicines, and others.
For more information, please
visit https://ir.wetg.group.
Forward-Looking Statements
This press release contains information about the Company's
view of its future expectations, plans and prospects that
constitute forward-looking statements. Actual results may
differ materially from historical results or those indicated by
these forward-looking statements as a result of a variety of
factors including, but not limited to, risks and uncertainties
associated with its ability to raise additional funding, its
ability to maintain and grow its business, variability of operating
results, its ability to maintain and enhance its brand, its
development and introduction of new products and services, the
successful integration of acquired companies, technologies and
assets into its portfolio of products and services, marketing and
other business development initiatives, competition in the
industry, general government regulation, economic conditions,
dependence on key personnel, the ability to attract, hire and
retain personnel who possess the technical skills and experience
necessary to meet the requirements of its clients, and its ability
to protect its intellectual property. The Company's encourages
you to review other factors that may affect its future results in
the Company's annual reports and in its other filings with the
Securities and Exchange Commission.
View original
content:https://www.prnewswire.com/news-releases/wetrade-plans-market-expansion-in-hospitality--residential-communities-as-china-eases-covid-curbs-301682498.html
SOURCE WeTrade Group INC