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WeTrade Group Inc. (US:WETG) announced a comprehensive upgrade to its technological services aimed at enhancing its operations in the Chinese market. The new system focuses on customer relationship management and utilizes big data to boost revenue through precise marketing and additional sales services. The technology, dubbed the 'Cloud Intelligent Brain of Micro Business', is designed to support the explosive growth of micro-businesses in the mobile Internet era. Established in July 2019, WeTrade has rapidly developed its revenue management system, 'WePay', and is expanding its services across various sectors.
WeTrade Group Inc. (WETG) announced the appointment of Mr. Donghui Wang and Mr. Daxue Li as independent directors, effective September 1, 2020. Their inclusion enhances the board's expertise, now comprising five independent directors from various professional backgrounds. Mr. Wang, a seasoned investor, and Mr. Li, a former CTO of JD.com, aim to drive the company's vision in social e-commerce. CEO Pijun Liu expressed enthusiasm for their leadership, anticipating a boost in development and growth opportunities for WeTrade.
WeTrade Group (WETG) anticipates explosive growth in social e-commerce as consumer habits shift due to the pandemic. Despite a significant decline in China's retail sales by 19% in Q1 2020, the online shopping trend has accelerated, boosting demand for social e-commerce solutions. With the market for social e-commerce expected to surpass RMB 2 trillion, WeTrade Group leverages its data-driven revenue management system to support micro-businesses and social platforms across various industries, positioning itself to capture growth in this evolving landscape.