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WeTrade Group Wins the "Strongest Potential IPO
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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 had been awarded the "Strongest Potential IPO of the Year" by the 2022 GURUCLUB Greater China Best Listed Company Awards.To get more news about wetrade review, you can visit wikifx.com official website.
The "Strongest Potential IPO of the Year" award is designed to reward the most influential publicly listed companies in the investment community. Specifically, this award analyzes companies'financing scale, profitability, financial security and market capitalization management. It also motivates companies with promising major businesses, stable performance growth, continuous creation of value for shareholders to take on their social responsibility. Additionally, the award recognizes companies that have made significant contributions to economic development, improvement of people's living standards and national competitiveness. The finalists are announced based on quantitative data analysis by a team of experts.
The "Strongest Potential IPO of the Year" award not only marks a perfect ending for WeTrade in 2022 but also a promising future in 2023. Since its successful uplisting on NASDAQ in 2022, the Company has been executing its business expansion and continuing to adjust its business structure, which constitutes YCloud, Y-Health and WTPay, the Company's three major business segments.In August 2022, WeTrade successively signed a $50 million partnership contract with Jiqing Biomedical Technology Co. Ltd and Parkway Medical Limited to sell the monkeypox virus test kits. WeTrade Group also entered into a partnerships with Zhixun Biotechnology Limited and others to promote COVID disinfectant spray via its platforms.
In October 2022, WeTrade launched the WTPay system in Singapore and announced a strategic cooperation with Vmade Tech PTE. LTD, which would pay WeTrade a guaranteed fee of $120 million for technical support.The Company's business development can be attributed to YCloud, which can be used by enterprises and businesses. It is also a critical digital tool that contributes to flexible employment in China, such as courier and online hailing services, which will further expand as China gradually loosens pandemic prevention policies.
Hechun Wei, Chief Executive Officer of the Company, commented, "The 2022 GURUCLUB Greater China Best Listed Company Awards marks a perfect conclusion for our Company. In 2023, we plan on further refining our business structure by launching a multi-industry and diversified development strategy. Specifically, a YG new energy business segment will be developed alongside YCloud, Y-Health and WTPay segments. The Company will further cultivate markets in Central Asia and Middle East and continue to create value for our shareholders."