WeTrade Group, Inc. provides technical services and solutions through its social e-commerce platform primarily in mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems. The company's YCloud system also provides micro-business owners with various payment methods, such as Alipay, WeChat, and UnionPay. In addition, it offers technical system support, software development, and services. The company serves individual and corporate users in the micro business industry. It also has operations in Hong Kong, the Philippines, and Singapore. The company was incorporated in 2019 and is headquartered in Beijing, the People Republic of China.
IPO Year:
Exchange: NASDAQ
Website: https://ir.wetg.group
BEIJING, March 13, 2023 /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 multiple industries, today announced that the global conference of "Green Planet Renren Power Plant" was held in Xiamen, China. There are hundreds of industry elites, authoritative experts, financial institutions and well-known media institutions from the industry attending the conference, which focuses on working on the "double carbon" goal, in-depth analysis of the industry's development status, actively explori
Beijing, Jan. 31, 2024 (GLOBE NEWSWIRE) -- WeTrade Information Technology Limited, a wholly-owned subsidiary of WeTrade Group Inc.（WETG.US） in Hong Kong, and Beijing YueShang digital Technology Group Co., LTD, a wholly-owned subsidiary of China, jointly declare that:The announcement made by WeTrade Group Inc. on November 21, 2023 that the two companies have been sold is not true. The two companies will file a lawsuit through legal and demand economic compensation from WeTrade Group Inc.Mr. Hechun Wei, the former CEO of WeTrade Group Inc. , also stated in his clarification letter that during his tenure as CEO of WeTrade Group Inc., he did not sigh any announcement to sell these two companie
BEIJING, Jan. 26, 2024 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ:WETG), a "software as a service" ("SaaS") technology service provider and digital assets holding company, issued a statement regarding the litigation initiated by individuals claiming to be shareholders associated with Zheng Dai and Pijun Liu in the Chancery Court of the State of Wyoming ("Chancery Court"). Temporary Restraining Order Restraining Plaintiff-Shareholders On November 7, 2023, the Chancery Court issued a Temporary Restraining Order, primarily restraining the plaintiff-shareholders and their affiliates (including Zheng Dai, Pijun Liu, and Lina Jiang) from claiming to act on behalf of t
Beijing, China, Dec. 01, 2023 (GLOBE NEWSWIRE) -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ:WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to offering technical support and digital transformation tools for enterprises across various industries, today announced that the company conducted an internal audit of departing executives and directors and found that the former COO Mr. Zhuo Li and former CFO Mr. Jianda Xu had a huge expenditure of $2 million, which has a lot doubts after investigation. At present, the company has reported the matter to PCAOB and submitted all information of the matter to the Chinese police. In July
New York, Nov. 29, 2023 (GLOBE NEWSWIRE) -- WeTrade disclosed that the third quarter financial statements released by WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ:WETG) were not signed and released by the current management of the company. The data disclosed in the statements is not true, as follows: 1. On page 1 of the financial report, the announcement disclosed that the main administrative office area is Room 519, 5th floor, Building T3, Unit 2, Qianhai Excellence Financial Center, Guiwan District, Nanshan District, Shenzhen, China. However, regardless of the company's announcement or data from Chinese Qichacha, the company has never had any registration information at t
BEIJING, Oct. 3, 2023 /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 September 28, 2023 current report on Form 8-K filed with the SEC, purporting a change of the Company's directors and officers, was submitted to EDGAR without proper authorization of the Company. There were no changes to the Board of Directors and investors should not rely on the disclosures contained therein. The Board of Directors and officers are still remained the sa
BEIJING, Oct. 3, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WETG" or the "Company") (NASDAQ:WETG) today (October 3, 2023) announced that on September 28, 2023, a derivative lawsuit was filed in the United States District Court for the District of Wyoming against Biming Guo, Ning Qin, Yuxing Ye, Hechun Wei, Kean Tat Che, and Annie Huang (the "Named Defendants") by certain shareholders (the "Majority Shareholders"). The Majority Shareholders, derivatively on behalf of WETG, seek a judgment from the Court confirming that the Named Defendants resigned as officers and directors of the Company as of June 30, 2023 and that the attempted private placement transactions announced after that date relat
BEIJING, Sept. 29, 2023 /PRNewswire/ -- On June 30, 2023, WeTrade Group Inc. (the "Company")(NASDAQ:WETG) received the resignation letters of directors Biming Guo, Ning Qin, Yuxin Ye, Grace Li, CEO Hechun Wei, and CFO Annie Huang (the "Former Directors and Officers"). On September 22, 2023, the new board of directors of the Company, consisting of Zheng Dai, Xianzhi Liu and Daxue Li, appointed Lina Jiang as the new CEO and Xiaodong An as the new acting CFO The Company hereby announces that after June 30, 2023 any business contract signed by the any of the Former Directors and Officers is invalid and null. On August 14, 2023, WeTrade Group Inc. established a wholly-owned subsidiary, WeTrade
BEIJING, Sept. 27, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ:WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to offering technical support and digital transformation tools for enterprises across various industries, today announced the change of the new Board members and officers. Effective September 22, 2023, Mr. Zheng Dai has been appointed as the Chairman of the Board of the Company, and Mr. Xianzhi Liu has been appointed as a director of the Board of the Company. With these changes, the Board of the Company comprises three directors: Mr. Zheng Dai, Mr. Daxue Li and Mr. Xianzhi Liu. Furthermore, Ms. Lina
BEIJING, July 14, 2023 /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 reports its financial results for fiscal year 2022, ended December 31, 2022. Mr. Hechun Wei, Chief Executive Officer of Wetrade, commented: "2022 is a year of rapid growth for us. The expansion of our diversified business and the steady growth of customer base are laying a strong foundation for our long-term development. We are confident in restoring the growth of our revenue and operatin
BEIJING, June 14, 2023 /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 has launched a large-scale language model generated by artificial intelligence, continuously increasing its technical reserves in the field of artificial intelligence, and increasing the application of large model technology and products for industry applications. The intelligent language generation and processing function launched this time can handle article
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BEIJING, Oct. 12, 2022 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ:WETG), an emerging growth company engaged in the business of providing software-as-a-services (SAAS) and cloud intelligent systems for micro-businesses, today announced that the board of directors has appointed Mr. Hanfeng Li as Vice President of WeTrade Group Inc. and the President of WTPay Business Segment to develop the Company's global financial technology segment. The appointment of Mr. Hanfeng Li aims to optimize the Company's international development strategy and business alignment. Served as key positions in Tencent fintech and Alipay, Mr. Li has many years of extensive working experience
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