BEIJING, Oct. 19,
2022 /PRNewswire/ -- WeTrade Group Inc.
("WeTrade" or the "Company") (NASDAQ: WETG), 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,
today announced the development plan (the "Plan") of the Company's
global public health business sector Y-Health, to expand its
presence in the health market.
Pursuant to the Plan, Y-Health is dedicated to developing
business for biotechnology and healthcare companies worldwide.
Y-Health focuses on detection and prevention from infectious
disease, health care products, traditional Chinese medicine
So far, the Company has made some significant progress on
Y-Health. From August 2022, the
Company has established cooperation with Jiqing Biomedical
Technology Co. Ltd, Parkway Medical Limited, MobiLab Medical
Innovatives, and Zhixun Biotechnology Limited to develop their
monkeypox test kits business. The monkeypox test kits business
includes the sales of monkeypox test kits, promotion of the sales
of monkeypox test kits and the launch of a globally unparalleled
and one-of-a-kind monkeypox virus testing kits with combined
insurance coverage products.
In the future, the Company expects to further improve the
cooperation mechanism of its Y-Health business segment and provide
supports for the global development of biotechnology and healthcare
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
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
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.
SOURCE WeTrade Group Inc.