What Motivated WeTrade (WETG) Stock To Climb 28%?

WeTrade Group Inc. (NASD: WETG), a global diversified “software as a service” (“SaaS”) technology service provider, is soaring on the charts today, up 28.22% to trade at $1.0001 at last check as the company disclosed pledges to its digitalization goals.

What plans does WETG have?

The founder of WeTrade Group, Mr. Dai Zheng, offered his perspectives on the “Digital Economy Driving Industry Innovation” discussion at the “Bridging the Digital Divide” session conducted at the World Internet Conference at Wuzhen Summit on November 9, 2022, according to a WeTrade (WETG) announcement.

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Mr. Dai asserts that the world economy as a whole, as well as the Chinese economy specifically, is being stimulated by the new trend and momentum the digital economy has acquired. The present state of social software, big data, and SaaS technologies will open up a whole new universe of opportunities for Chinese startups looking to grow internationally over the coming few years.

Additionally, WETG will support conventional enterprises that are currently operating abroad in realizing their brand and product upgrades through digital transformation and innovation in addition to helping Chinese digital companies develop internationally in traditional Internet areas.

In its capacity as a provider of technology services, WETG offers a one-stop shop solution backed by the company’s talent forces, technological innovation, and data security. WeTrade Group, with its wealth of knowledge and successful track record, not only provides abroad Chinese enterprises with product localization plans but also assists them in mitigating potential policy and regulatory risks and navigating cultural barriers.

WETG’s diversification strategy:

To increase its position in the health industry, WeTrade recently released the development plan (the “Plan”) of the Company’s global public health business sector Y-Health. In accordance with the Plan, Y-Health is committed to expanding business for biotechnology and healthcare organizations all over the world. Y-Health focuses on traditional Chinese medicine, healthcare products, and the identification and prevention of infectious illnesses.

WeTrade (WETG) has so far achieved some noteworthy advancements with Y-Health. In order to expand its line of monkeypox test kits, WETG has partnered with Jiqing Biomedical Technology Co. Ltd, Parkway Medical Limited, MobiLab Medical Innovatives, and Zhixun Biotechnology Limited as of August 2022. The selling of monkeypox test kits, marketing of the sale of monkeypox test kits, and the introduction of the world’s first and only monkeypox virus testing kits with integrated insurance coverage products are all included in the monkeypox test kit industry.

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