NEW YORK – February 6, 2020 (Investorideas.com Newswire) Weyland Tech, Inc. (OTCQX: WEYL) plans to launch its CreateApp mCommerce platform-as-a-service in Taiwan inside the subsequent few weeks, permitting the greater than 1.three million small-and-medium sized companies (SMBs) throughout the nation to simply set up and handle a cell presence.
CreateApp permits companies to create and deploy native cell functions for Apple iOS and Google Android with out technical data or background. CreateApp empowers SMBs to extend gross sales, attain extra prospects, handle logistics, conduct monetary transactions, and promote their services and products in a straightforward, inexpensive and extremely environment friendly approach. The CreateApp person base, comprised of companies throughout Southeast Asia, grew 47 % final yr to greater than 360,000.
To assist the launch in Taiwan, Weyland has partnered with Now Mastery, LLP, an affiliate of NYSE-listed Line Company. Line offers a platform for cell messaging and communication companies, content material distribution and monetary companies primarily in Japan, Taiwan, Thailand and Indonesia.
Now Mastery is led by Joseph Kay, a best-selling creator in Taiwan who’s extensively thought-about the preeminent authority on Web advertising for small enterprise house owners. Kay has attracted greater than 400,000 followers on Line’s small-business market and 67,000 on Fb.
Now Mastery will provide its followers particular subscription pricing for CreateApp of US$25 – $110 monthly, relying on the options and modules they use. Now Mastery may also present ongoing recommendation and assist for customers on the platform.
“The residents of Taiwan are well-known for being first adopters of the most recent applied sciences and options,” famous CreateApp’s chief product officer and founder, Eddie Foong. “In truth, expertise has been the important thing driver of Taiwan’s economic system for many years, and it has reworked the island into one of many world’s main manufacturing hubs, residence to among the world’s largest semiconductor corporations.
“The nation has just lately been making nice strides in strengthening its startup ecosystem, with a surge in enterprise capital, authorities assist, and reforms serving to to revitalize the economic system and enhance the visibility of the following technology of entrepreneurs. Altogether, this makes Taiwan a super market for CreateApp market growth after Indonesia and extra just lately North America.”
Whereas Taiwan’s inhabitants of 28 million is small in comparison with different markets within the area, its client habits and openness make it a straightforward market to navigate, in addition to introduce and check client acceptance of latest on-line companies. Web speeds in Taiwan rank among the many prime on the earth; IP safety is well-established, and the cultural similarities to China make for good testing grounds to launch and experiment with new concepts earlier than transferring into bigger regional markets.
In keeping with Export.gov, greater than 85 % of Taiwanese residents are related to the Web and greater than 70 % entry the Web utilizing a smartphone system, making it one of the crucial related client bases on the earth. Additional, a good portion of the inhabitants is now procuring on cell gadgets. In Taiwan, 48 % of all on-line transactions are mobile-based, and this quantity is anticipated to succeed in 61 % by 2022.
“Given these favorable market dynamics, we’re excited to companion with the esteemed Joseph Kay and his Now Mastery group to launch CreateApp in Taiwan,” commented Weyland CEO, Brent Suen. “We count on even a small penetration of their giant following to end in a major contribution to our recurring income stream by the top of the primary quarter.”
Weyland’s current acquisition of Minneapolis-based Push Interactive can also be anticipated to supply lead-generation instruments for Taiwanese SMBs to extend their on-line gross sales.
About LINE Company
Based mostly in Japan, LINE Company (NYSE:LN/TSE:3938) is devoted to the mission of “Closing the Distance,” bringing collectively data, companies and other people. The LINE messaging app launched in June 2011 and since then has grown into a various, world ecosystem that features AI expertise, Fintech and extra. For extra data, go to www.linecorp.com.
About Weyland Tech
Weyland Tech is a developer and world supplier of cell enterprise software program functions. The corporate operates its CreateApp™ platform-as-a-service (PaaS) throughout three continents and 10 international locations, together with among the fastest-growing rising markets in Southeast Asia. The platform offers a cell presence for small-and-medium sized companies (SMBs) that’s supported domestically by distributor partnerships.
Provided in 14 languages with greater than 70 built-in modules, CreateApp permits SMBs to create and deploy native cell functions for Apple iOS and Google Android with out technical data or background. The expertise empowers SMBs to extend gross sales, attain extra prospects, handle logistics, and promote their services and products in a straightforward, inexpensive and extremely environment friendly approach. For extra data, go to weyland-tech.com.
About Push Interactive
The e-Commerce platform of Weyland’s Push Interactive subsidiary options complete buyer acquisition capabilities, extremely productive media and channel methods, well-tuned product promotion and messaging, and gross sales funnel growth and optimization. The direct-to-consumer platform offers an end-to-end answer for SMBs and main manufacturers, permitting these organizations to dramatically enhance on-line income whereas decreasing the price of buyer acquisition and order success. Submit-sale, Push helps success, buyer relationship administration, and additional monetization by means of re-engagement and remarketing toolsets that improve buyer lifetime worth (LTV). For extra details about Push Interactive, go to www.pushint.com.
About AtozPay™ and AtozGo™
By means of Weyland Tech’s minority-owned subsidiary, Weyland Indonesia Perkasa (WIP), the corporate operates AtozPay™ and AtozGo™. The AtozPay cell funds platform serves the burgeoning mCommerce and e-Fee markets in Indonesia, the world’s fourth most populous nation. AtozGo is a fast-growing short-distance meals supply service operated in Jakarta, Indonesia. For extra data, go to atozpayindonesia.com.
Essential Cautions Relating to Ahead Trying Statements
This launch incorporates sure “forward-looking statements” regarding the enterprise of the Firm. All statements, apart from statements of historic reality included herein are “forward-looking statements” together with statements concerning: the power of the Firm to efficiently launch CreateApp in Taiwan, the continued development of the eCommerce phase in Taiwan and the power of the Firm to proceed its growth into that phase and that geographic market; the power of the Firm to draw prospects and companions and generate revenues by means of its partnership with Now Mastery; the power of the Firm to efficiently execute its marketing strategy; the enterprise technique, plans, and aims of the Firm; and some other statements of non-historical data. These forward-looking statements are sometimes recognized by way of forward-looking terminology resembling “believes,” “expects” or comparable expressions and contain recognized and unknown dangers and uncertainties. Though the Firm believes that the expectations mirrored in these forward-looking statements are cheap, they do contain assumptions, dangers, and uncertainties, and these expectations might show to be incorrect. Buyers shouldn’t place undue reliance on these forward-looking statements, which converse solely as of the date of this information launch. The Firm’s precise outcomes may differ materially from these anticipated in these forward-looking statements on account of a wide range of components, together with these mentioned within the Firm’s periodic experiences which are filed with the Securities and Alternate Fee and accessible on its web site (www.sec.gov). All forward-looking statements attributable to the Firm or individuals performing on its behalf are expressly certified of their entirety by these components. Aside from as required underneath the securities legal guidelines, the Firm doesn’t assume any obligation to replace these forward-looking statements.
Brent Suen, CEO
Weyland Tech Inc.
Media & Investor Contact
Ronald Each or Grant Stude
Tel (949) 432-7566
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