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. (SUIC) has partnered with iDrink Technology Co., Ltd. and Midas Touch Technology Ltd. to enter the global bullion and index trading market. This collaboration features an AI trading system and Blockchain technology, ensuring secure transactions and user privacy. The innovative trading model targets a broader audience with lower capital requirements. SUIC aims to leverage advanced fintech solutions to tap into a potential $100 trillion market, providing users with access to gold, stock indices, and Bitcoin trading through the iDrink platform.
SUIC QQPay USA Inc., a fintech startup in New York, is enhancing its global fintech payment infrastructure through its proprietary digital payment solution, QQ Credits. This initiative aims to address the challenges of cross-border payments, particularly for the unbanked population in emerging economies. By leveraging blockchain technology, QQ Credits provides real-time settlement and transparency. The company is positioned in several countries including Australia and the USA, and is registered to perform cross-border transactions. This advancement is expected to open new markets and revenue streams.
SUIC QQPay USA Inc. is a fintech startup focused on providing advanced payment platforms for B2B companies, particularly within the Shari'a-compliant finance sector. Operating in 72 countries, it seeks to tap into a market projected to grow to USD 3.5 trillion by 2024. The company aims to enhance digital payment solutions in response to the pandemic, streamlining operations for asset managers. CEO Maninder Bhullar highlighted the shift from cash to digital payments as a catalyst for growth opportunities.
Sino United Worldwide Consolidated Ltd. (OTC: SUIC) has established a 70:30 partnership with QQ Pay Australia, forming SUIC QQPay USA Inc. to enhance fintech services in the U.S. market. This venture targets the lucrative cross-border payments sector, projected to exceed USD 930 billion by 2026, with the U.S. contributing significantly to this growth. SUIC QQ Pay USA will leverage QQ Pay's technology to streamline financial transactions, providing secure digital payment solutions while aiming for expansion across various international markets.