Connect with us

News

WeTrade Group Inc. Attends The 7th World Internet Conference in China

gbafNews28

BEIJING, Nov. 27, 2020 /PRNewswire/ — WeTrade Group Inc. (“Wetrade” or the “Company”) (US: WETG), an emerging growth company engaged in the business of providing technical services and solutions via its membership-based social e-commerce platform, today announced that it attended The 7th World Internet Conference (“WIC”) –Internet Development Forum in China on November 22, 2020.

WIC, also known as the Wuzhen Summit, is an annual international event, first held in 2014, organized by Chinese government. It is a state-run event, and a platform for global tech leaders to discuss internet issues and policies, which attracted top U.S. names including Apple's Tim Cook and Google's Sundar Pichai in past years. Representatives of enterprises and research institutes gathered to showcase the latest products and technologies in 5G, AI, cloud-computing, big data, and cybersecurity.

The Company was invited to participate in this year's WIC to display its Cloud intelligent system (“YCloud”) application for WeChat e-commerce(micro-business). Many officials visited the Company's booth and listened to the report from Mr. Zheng Dai, Chairman of Wetrade, including Mr. Jiajun Yuan, Secretary of the Zhejiang Provincial Party Committee, Mr. Zeliang Zhao, Deputy Director of the Central Cyberspace Affairs Office, Mr. Liehong Liu, Vice Minister of the Ministry of Industry and Information Technology, and Mr. Guoxian Zhu, Publicity Minister of Standing Committee of the Zhejiang Provincial Party Committee.

Mr. Zheng Dai, Chairman of Wetrade, commented, “In recent years, driven by the rapid development of Internet technology, micro-commerce, e-commerce, and livestream sales gradually become mainstream for new individual economies. However, a large number of platforms and individuals flocked to the micro-business field to compete fiercely in prices and supply chains. While enjoying traffic dividends, they ignored the current technological gaps in the industry. To address this market, we accurately grasped this big demand in the industry, developed and launched the YCloud. Through technology and big data, YCloud has strengthened users' marketing relationship tracking, CPS commission income management, community AI fission and management, improving supply chain system, increasing payment scenarios and revenue, and team leader management to help customers increase revenue. Up to now, YCloud has successfully landed in Southeast Asian countries such as the Philippines and Singapore, covering multiple industries including micro-business, tourism, hotel, livestream and short video, aesthetic medical and retail.”

About WeTrade Group Inc.

WeTrade Group Inc. is an emerging growth company engaged in the business of providing technical services and solutions via its membership-based social e-commerce platform and the Company targets to provide technical and auto-billing management services for 100 million micro-business users in China. Wetrade has conducted its business operations in mainland China and trial operation in Hong Kong, Philippines and Singapore.  WeTrade has also formed the long-term technical cooperation with Yuetao App, Daren App, Yuebei App, JD Zhiding App, Yuedian App and Lvyue App. For more information, please visit http://www.wetradegroup.net.

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.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/wetrade-group-inc-attends-the-7th-world-internet-conference-in-china-301181157.html

SOURCE WeTrade Group Inc.

News

Dominica Prioritises Strengthening Healthcare Infrastructure with Citizenship-by-Investment Funds

gbafNews28

LONDON, Jan. 28, 2021 /PRNewswire/ — The Commonwealth of Dominica is building twelve new health centres as part of a broader mission to strengthen its healthcare infrastructure and provide citizens with higher quality services. Construction on the Bagatelle Health Centre is the latest to be nearing completion after the government invested $2 million into the project utilising funds from its Citizenship by Investment (CBI) Programme.

Aside from commissioning several new health centres, Dominica is also in the process of constructing a state-of-the-art hospital, scheduled to be completed in April 2021, also funded by the CBI Programme. The Programme previously sponsored the repair of several hospitals and health facilities following a hurricane in 2017 and supported the overseas medical treatment of 16 children.

Prime Minister Dr the Hon. Roosevelt Skerrit highlighted this commitment to grow the island's healthcare offering: “This can also be translated into better care for our citizens and residents. There will be no complaints about the quality of services or the quality of equipment. I am happy about this investment here, and we will have a series of openings for such facilities in Dominica in just a few weeks.”

With the COVID-19 pandemic reiterating the importance of having a robust health care system in place, Dominica remains one of the least impacted by the virus. A recent report from 4,000 scientists ranked the island as one of the few in the “green zone”, meaning Dominica is tackling the virus well and has recorded no local transmissions for over 14 days.

Established in 1993, Dominica's CBI Programme has been fundamental to the future of the island's healthcare services. The Programme enables foreign investors and their families to become citizens of the nation once investing in either a government fund or buying into selected real estate options. Once all due diligence checks are passed, successful applicants gain visa-free access to over 140 destinations, the right to live and work in the country and the ability to pass down citizenship down for generations to come.

Investments generated under the Programme are injected into important sectors in Dominica, from healthcare and education to tourism and infrastructure development. The Programme also supports the construction of over 5,000 climate-resilient homes for citizens impacted by Hurricane Maria. Dominica is a progressive and safe country for investors who choose to reside there with a burgeoning healthcare system that is anticipated to be one of the strongest in the Caribbean.

[email protected], www.csglobalpartners.com

Continue Reading

News

Golden Gate Ventures Promotes Jeffrey Chua to Principal

gbafNews28

SINGAPORE, Jan. 28, 2021 /PRNewswire-PRWeb/ — Golden Gate Ventures, the Southeast Asian early-stage fund that invested in companies such as Carousell, Homage, RedMart, and HipVan, is pleased to announce the promotion of Jeffrey Chua from Senior Associate to Principal. Jeffrey, or 'JC' as his colleagues refer to him, spent almost two years in a Senior Associate role, and is one of Golden Gate Ventures' longest-serving team members, having joined as an intern in 2015 shortly before the close of its second fund.

JC is responsible for sourcing some of Golden Gate Ventures' most exciting early-stage deals, such as BukuWarung and Rukita, and structuring Golden Gate Ventures' GoPlay investment. In his 5 years with the firm, he's been involved in a number of critically important initiatives, including supporting the GO-JEK acquisition of Mapan. He is a master at financial modeling and has trained countless interns on the boundless mysteries of Excel.

For those of you that know him, JC is a tireless, diligent investor that gets tremendous joy rooting out the smallest bit of industry gossip from his friends and colleagues, especially if it means sourcing competitive deals before any else. He's well-respected by his colleagues, co-investors, and most importantly, entrepreneurs. He's built a great reputation as someone that is honest, trustworthy, and pro-entrepreneur. He holds a number of honors, including winning Slush's “Reverse Pitch” competition, where VCs pitch to entrepreneurs.

JC has a sartorial reputation amongst his colleagues; often showing up to work outrageously over-dressed, with a McDonald's bag in tow. He's been known to pull a prank, or two, around the office, and his passionate love for karaoke is infamous. JC graduated from New York's Pace University in 2011 and has had the same hair-style since 2004.

ABOUT GOLDEN GATE VENTURES
Golden Gate Ventures is a VC fund in Southeast Asia (SEA) founded by Silicon Valley natives. Since 2011, Golden Gate Ventures has launched four funds and invested in 50+ companies. The firm focuses on investing in the rising consumer internet class in Southeast Asia. Breakout companies include Carousell (mobile classifieds), Appota (Vietnam mobile publishing platform), Alodokter (HealthTech), Carro (Auto Marketplace), and Xendit (Payment Processing).

Media Contact

Winnie Wang, Golden Gate Ventures, +65 92965779, [email protected]

Twitter, Facebook

 

SOURCE Golden Gate Ventures

Continue Reading

News

Three-dimensional transport system connects Xiamen with the world

gbafNews28

XIAMEN, China, Jan. 27, 2021 /PRNewswire/ — A news report from China Daily:

An aerial view of Xiamen Port in East China’s Fujian province. [Photo provided to China Daily]

The container throughput of Xiamen Port in East China's Fujian province was 11.41 million twenty-foot equivalent units in 2020, up 2.54 percent year-on-year. Since last June, the monthly container throughput of the port has exceeded 1 million TEUs seven months in a row, a historical record, according to statistics from the city's port administration.

As a key port city of the 21st Century Maritime Silk Road and the Silk Road Economic Belt, Xiamen aims to develop a world-class port with an annual container throughput of 14 million TEUs by 2025 and become a special economic zone with a free trade port by 2035.

One of the world’s largest container vessels, MSC Isabella, berths at Xiamen Port on March 17, 2020. [Photo provided to China Daily]

A shipping hub

As the 14th largest port in the world, Xiamen Port offers 146 container shipping routes, including more than 100 foreign trade routes to 138 ports in 44 countries.

Silk Road Maritime, China's first Belt and Road international comprehensive logistics service platform focusing on shipping, was launched at Xiamen Port on Dec 24, 2018, enhancing economic and trade exchanges with countries around the world.

Xiamen currently offers 55 shipping routes named after the Silk Road Maritime, forming an alliance with nearly 170 well-known companies involved in ports, shipping, logistics, and trade worldwide.

From January to November 2020, 1,932 voyages were made on 51 of the routes, carrying 1.86 million TEUs, up 1.06 percent year-on-year.

The port also cooperated with Israel-based ZIM Integrated Shipping to introduce the first “e-commerce express” cargo route in September 2020, with five vessels in service. The ships stop in Xiamen every week and head directly to the Port of Los Angeles in the United States, which takes 15 days, making it a highly-effective and low-cost logistical route.

“The business environment at Xiamen Port is among the best in China. Its high-quality services are capable of ensuring the stable operation of the e-commerce route, which creates a highly-efficient link between vendors and buyers in Fujian and across the world,” said Li Xiaobing, president of the South China branch of ZIM at an e-commerce meeting on Jan 5.

Xiamen Customs officers examine imported fruit. [Photo provided to China Daily]

Sea-land-air transportation system

Building Xiamen into an international shipping center requires an integrated port-railway transportation system, said Yin Li, secretary of the CPC Fujian Provincial Committee, during a recent interview with Xinhua.

In 2015, the first China-Europe train departed from the Fujian Pilot Free Trade Zone in Xiamen via Chengdu. At present, Xiamen offers freight train routes to Central Europe, Central Asia, and Russia, reaching more than 30 cities in 12 countries, including Poznan, Poland; Budapest, Hungary; Hamburg, Germany; Moscow, Russia; and Almaty and Tashkent in Central Asia.

A total of 273 trains left Xiamen in 2020 carrying 24,112 TEUs of cargo weighing 142,400 tons and valued at $962 million. All of these numbers are record highs, with year-on-year growth rates of 17, 36, 59, and 40 percent, respectively.

Meanwhile, the sea-railway combined transportation service is also performing well. Last August, the Philippines followed South Korea, Vietnam, and China's Taiwan region to become the fourth place to have its cargo delivered to Xiamen by sea and transported to Europe by rail.

Officials of Xiamen Customs said that the China-Europe freight service in Xiamen has become a vital logistics channel for ensuring Sino-European trade exchange and cooperation amid the COVID-19 pandemic.

Since the beginning of 2020, the trains have carried masks, protective clothing, medical equipment, shoes, hats, clothing, and other urgently needed supplies to countries and regions involved in the Belt and Road Initiative.

Xiamen has also opened new flights to build a three-dimensional transport network encompassing sea, land, and air.

By September 2020, there were 35 international air lines from Xiamen, including 21 to countries and regions involved in the Belt and Road Initiative. They form a network covering Asia, Europe, North America, and Australia.

Statistics from the Xiamen Transportation Bureau show that Xiamen's throughput of international transit passengers ranked fifth in the Chinese mainland, making it a major international transit hub.

The new international airport is currently under construction in Xiang'an district. The first phase is expected to be completed before 2023. It will become one of the largest terminals in China, capable of handling more than 45 million passengers annually.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/three-dimensional-transport-system-connects-xiamen-with-the-world-301216818.html

SOURCE China Daily

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Call for Entries

Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Latest Posts

gbafNews28 gbafNews28
News53 mins ago

Three-dimensional transport system connects Xiamen with the world

XIAMEN, China, Jan. 27, 2021 /PRNewswire/ — A news report from China Daily: The container throughput of Xiamen Port in...

gbafNews28 gbafNews28
News53 mins ago

Golden Gate Ventures Promotes Jeffrey Chua to Principal

SINGAPORE, Jan. 28, 2021 /PRNewswire-PRWeb/ — Golden Gate Ventures, the Southeast Asian early-stage fund that invested in companies such as...

gbafNews28 gbafNews28
News53 mins ago

Dominica Prioritises Strengthening Healthcare Infrastructure with Citizenship-by-Investment Funds

LONDON, Jan. 28, 2021 /PRNewswire/ — The Commonwealth of Dominica is building twelve new health centres as part of a...

gbafNews28 gbafNews28
News56 mins ago

Southco’s New Bifold Torque Hinge Improves Fold-out Table Operation in Transportation Interiors

HONG KONG SAR – Media OutReach – 21 January 2021 – Southco Asia Ltd., a subsidiary of Southco Inc., a...

gbafNews28 gbafNews28
News56 mins ago

PolyU to roll out International Summer School 2021

HONG KONG SAR – Media OutReach – 22 January 2021 – The Hong Kong Polytechnic University (PolyU) is rolling out the International Summer...

gbafNews28 gbafNews28
News56 mins ago

China Dynamics Welcomes New International Investors

Shareholding Reflects Industry Confidence in Global Electric Bus Market   HONG KONG SAR – Media OutReach – 21 January 2021 – China...

gbafNews28 gbafNews28
News56 mins ago

Fourth Quarter 2020 Citi Residential Property Ownership Survey

Over 40% of respondents expect home prices to remain stable in the coming year, undeterred by the fourth wave of...

gbafNews28 gbafNews28
News56 mins ago

【Hong Kong Arts Centre】presents Jockey Club Pop-up Art Park from now to 16 Apr 2021 Experience the virtual and the reality online-to-offline

HONG KONG SAR – Media OutReach – 21 January 2021 – In times of uncertainties, let us search for our own park in...

gbafNews28 gbafNews28
News56 mins ago

One World International School to launch new, fully Digital Campus in Punggol

This 3rd campus for OWIS in Singapore, which offers International Baccalaureate curriculum, has enrollment capacity of 1500 students from Preschool...

gbafNews28 gbafNews28
News56 mins ago

Amazon Singapore Ushers in the Year of the Ox with Bountiful Deals on Amazon.sg and Amazon Fresh

Amazon Singapore is collaborating with local enterprises such as Shermay’s Singapore Fine Food, Bee Cheng Hiang, The Golden Duck and...