Welcome to our dedicated page for SUIC Worldwide Holdings news (Ticker: SUIC), a resource for investors and traders seeking the latest updates and insights on SUIC Worldwide Holdings stock.
SUIC Worldwide Holdings Ltd. (OTC: SUIC) issues frequent news updates that highlight its activities in venture financing, fintech, and global food and franchising operations. Much of the company’s recent news flow centers on its role as the biggest investor, shareholder, and major operating partner of Beneway USA and its partnership with i.Hart Group, which operates multi-brand food and beverage franchises across Asia and North America.
News releases describe franchise authorizations and store openings for Monga Taiwan-style fried chicken in regions such as Shandong and Fujian in China, Japan, and the Hong Kong–Macau area. They also cover i.Hart’s contracts to cater employee meals for Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Taiwan Power Company, as well as agreements with Bojiang International Catering Group, Daily Oral Care Co. Ltd., and major retail and corporate partners like Shin Kong Mitsukoshi, Far Eastern Sogo department stores, and Formosa Plastics Group’s employee welfare association.
Other SUIC announcements focus on distribution and OEM initiatives in the United States, including the formation of distribution, OEM, and franchising teams on the East Coast and in the tri-state area of New York, New Jersey, and Connecticut. The company also reports on partnerships for sustainable food packaging materials and the development of restaurant supply lines for institutions such as airports, schools, hospitals, hotels, and supermarkets.
In addition, SUIC’s news stream includes updates on its proprietary B2B2C fintech system, supply chain financing ambitions, and the planned initial public offering of Beneway USA. Investors and observers can use the SUIC news page to review this sequence of operational announcements, partnership agreements, and strategic letters that outline how the company presents its growth plans and market focus.
Sino United Worldwide Consolidated Ltd. (OTC PINK:SUIC) is strategizing for growth with a focus on DeFi supply chain financing solutions. A recent report from Globe Small Cap Research highlights the company's efforts to expand Midas Touch offerings globally by 2022 and prepare for an IPO of Sinoway International in 2022/23. As of mid-August 2021, the total value locked in DeFi contracts surged to $61 billion, significantly impacting the market capitalization of top DeFi tokens, which now stands at approximately $114 billion. The report includes insights on SUIC's investments and analyzes its recent balance sheet.
Sino United Worldwide Consolidated Ltd. (OTC PINK:SUIC) collaborates with Sinoway International Ltd. and a team of legal and financial experts to enhance its market value and prepare for a public listing by 2022/2023. The partnership targets eight global operational divisions including Technology, Financial Management, and Marketing Media. Sinoway aims to secure partnerships with ten payment service providers, potentially generating $20 billion in sales. The upcoming phases of expansion are planned for over 40 countries, focusing on advancing financial systems and establishing a significant market presence.
Sino United Worldwide Consolidated Ltd. (SUIC) has made a strategic investment in Sinoway International as it prepares for its IPO in 2022/2023, expecting substantial returns. A Convertible Loan Agreement allows SUIC a potential of 25 million shares upon conversion. The IPO is projected to achieve a valuation of at least 20 times its PE, potentially exceeding tens of billions. SUIC aims to expand its business network across multiple countries, bolstered by partnerships with merchants.
Sino United Worldwide Consolidated Ltd. (OTC PINK: SUIC) announced the launch of its new product, MT Unified Procurement™, aimed at enhancing profit generation for partner merchants through on-demand delivery services. The product will debut in Taiwan, with plans for global expansion via a strategy combining Wholesale Club Membership and Multi-Level Marketing. This initiative is designed to lower supply chain costs, improve capital efficiency, and provide opportunities for partners to earn extra income through competitive pricing strategies.
Sino United Worldwide Consolidated Ltd. (SUIC) announced the establishment of a trust fund by SUIC Midas USA, expected to generate over $1 billion in revenues from its partner banks and payment service providers (PSPs) through MT Flash Pay and MT Free Pay transactions. The company aims to replicate its model in 40 countries, targeting a $10 billion turnover by 2022 from one million merchants. SUIC Midas plans to enhance operational efficiency and investment opportunities, leveraging its DeFi and traditional financing solutions.
Sino United Worldwide Consolidated Ltd. (OTC PINK: SUIC) has partnered with SUNTECH to launch a transformative marketing strategy aimed at significantly increasing market share and profitability. The collaboration leverages SUIC Midas' innovative products including MT Flash Pay, MT CQ Pay, and MT Free Pay. With aspirations to triple the annual merchant size and achieve a $10 billion turnover rate by 2022, the initiative targets one million merchants across 40 countries. This growth strategy underscores the company's commitment to expanding its footprint in the global market.
SUIC Midas Touch is embracing a multi-level marketing (MLM) strategy focused on blockchain technology, launching the MT Unified Procurement™ service. This platform offers suppliers and purchasers lower purchase prices and credit lines without advance payments, creating 'MT Fellows' who access factory prices at significant discounts. The global MLM market, valued at $180.5 billion in 2019, is expected to grow at a CAGR of 8.3% from 2021 to 2029. SUIC is also expanding its presence with new regional offices across Asia, Southeast Asia, the U.S., and Europe.
SUIC Midas Touch is launching a branch in New York to negotiate with established payment service providers (PSPs) and e-commerce companies across the U.S. The branch aims to enhance merchant services and fast-track expansion into critical markets nationwide. Notable discussions with companies on both coasts are underway to improve PSP and e-commerce networks using Midas Touch's blockchain solutions. This initiative reflects SUIC's commitment to the U.S. market backed by a significant trust fund from private investors, facilitating growth and operational improvements for local businesses.
Sino United Worldwide Consolidated Ltd. (SUIC) announced that its Midas products are projected to boost profits four-fold to $8 million on a sales turnover of $1 billion. In 2022, SUIC Midas aims to onboard 20 additional PSP partners, targeting a total of $160 million in net profits and $20 billion in sales turnover. Their offerings include MT Flash Pay, MT Free Pay, and MT CQ Pay, aimed at facilitating transactions and providing immediate funding solutions for merchants. The company asserts its commitment to sustainable DeFi solutions.
Sino United Worldwide Consolidated Ltd. (SUIC) has secured a $200 million investment commitment from Taiwan's leading family investment groups to partner with Suntech, the largest Taiwan O2O company. This alliance aims for expansion into over 40 countries across 2022 and 2023, targeting one million merchants and a projected turnover of $10 billion. The first $10 million tranche is expected before August 2021, with additional funds to support expansion initiatives. As part of this initiative, SUIC will leverage innovative financial solutions to enhance profitability for Suntech and its merchants globally.
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