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WeTrade Group Priced, Nasdaq: WETG

Operates a membership-based platform for e-commerce services in China.

Industry: Technology

Latest Trade: $4.80 0.00 (0.0%)

First Day Return: +403.8%

Return from IPO: -99.4%

Industry: Technology

WeTrade Group, Inc. was incorporated in the State of Wyoming on March 28, 2019 and is in the business of providing technical services and solutions via its membership-based social e-commerce platform. We are committed to providing an international cloud-based intelligence system and independently developed a microbusiness cloud intelligence system (the “YCloud”). Our goal is to provide technical and auto-billing management services for 100 million micro-business online stores in China through big data analytics, machine learning mechanism, social network recommendations, and multi-channel data analysis. We have utilized digitalization, electronic management, electronic data exchange, big data analysis, AI fission technology, revenue management and other technologies to form a strong coordination effect. We believe that our cloud technology enables us to develop a platform with better functionality for microbusiness users in China. We have optimized our product using the tools and platforms best suited to serve our customers. Performance, functional depth and usability of our product drive our technology decisions and product development direction, which leads to our successful development of our YCloud.
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IPO Data
IPO File Date 01/15/2021
Offer Price $4.00
Price Range $4.00 - $6.00
Offer Shares (mm) 10.0
Deal Size ($mm) $40
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/18/2022
Offer Price $4.00
Price Range $4.00 - $6.00
Offer Shares (mm) 10.0
Deal Size ($mm) $40
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Univest Securities
uSmart Securities
Company Data
Headquarters Beijing, China
Founded 2019
Employees 76
Website www.wetradegroup.net

WeTrade Group (WETG) Performance