WeTrade Group Inc

WeTrade Group, Inc. engages in the development of an online membership-based e-commerce platform business. It intends to provide information on hotels, flights, travelling packages, and other travelling products that enable customers to make informed and cost-effective hotel, flight, and other travelling packages bookings. The company was founded on March 28, 2019 and is headquartered in Beijing, China.

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Next Technology Holding, Inc. engages in the provision of software development services to the customers and bitcoin acquisition. The company was founded on March 28, 2019 and is headquartered in Shenzhen, China.

WeTrade (NASDAQ: WETG ) stock is falling on Monday after the technical services and solutions company announced plans to change its name and the ticker for its shares. WeTrade reveals in a filing with the Securities and Exchange Commission (SEC) that it has secured approval from a majority of shareholders for this change.

Why Is WeTrade (WETG) Stock Down Today?

Beijing, Jan. 31, 2024 (GLOBE NEWSWIRE) -- WeTrade Information Technology Limited, a wholly-owned subsidiary of WeTrade Group Inc.（WETG.US） in Hong Kong, and Beijing YueShang digital Technology Group Co., LTD, a wholly-owned subsidiary of China, jointly declare that:The announcement made by WeTrade Group Inc. on November 21, 2023 that the two companies have been sold is not true. The two companies will file a lawsuit through legal and demand economic compensation from WeTrade Group Inc.Mr. Hechun Wei, the former CEO of WeTrade Group Inc. , also stated in his clarification letter that during his tenure as CEO of WeTrade Group Inc., he did not sigh any announcement to sell these two companies.

WeTrade Group Inc's wholly-owned subsidiary and wholly-owned holding company in Chinese Mainland will jointly pursue claims under litigation against it

BEIJING , Jan. 26, 2024 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ:WETG), a "software as a service" ("SaaS") technology service provider and digital assets holding company, issued a statement regarding the litigation initiated by individuals claiming to be shareholders associated with Zheng Dai and Pijun Liu in the Chancery Court of the State of Wyoming ("Chancery Court"). Temporary Restraining Order Restraining Plaintiff-Shareholders On November 7, 2023, the Chancery Court issued a Temporary Restraining Order, primarily restraining the plaintiff-shareholders and their affiliates (including Zheng Dai, Pijun Liu, and Lina Jiang) from claiming to act on behalf of the Company.

WeTrade Group Inc. Provides An Update On The Lawsuit Filed by Purported Shareholders

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Beijing, China, Dec. 01, 2023 (GLOBE NEWSWIRE) -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to offering technical support and digital transformation tools for enterprises across various industries, today announced that the company conducted an internal audit of departing executives and directors and found that the former COO Mr. Zhuo Li and former CFO Mr. Jianda Xu had a huge expenditure of $2 million, which has a lot doubts after investigation. At present, the company has reported the matter to PCAOB and submitted all information of the matter to the Chinese police.

WeTrade Group Inc. found An Expenditure Of $2 million Inconsistented With The 2022 Annual Report from Conducted Internal Investigation

New York, Nov. 29, 2023 (GLOBE NEWSWIRE) -- WeTrade disclosed that the third quarter financial statements released by WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG) were not signed and released by the current management of the company. The data disclosed in the statements is not true, as follows:

WeTrade Group's Third Quarter Financial Report Disclosed To Be Untrue

BEIJING , Nov. 1, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to providing technical support and digital transformation tools for enterprises across different industries, today announced that the company will hold a kickoff meeting for China's new business launch in Beijing on November 6th, officially launching the Yuetao Haowu Mini program. Yuetao Haowu is a high-quality discount shopping platform for the Consumer-end (the "C-end"), which allows consumers to achieve a new model of saving money and making money through membership.

WeTrade Group Inc.'s new management takes office and will hold a China New Business Launch Conference

BEIJING , Oct. 16, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to offering technical support and digital transformation tools for enterprises across various industries, today announced the integration and enhancement of its two business segments in China: Yuetao APP and Haolin Haowu APP. The unified platform will now be known as Yuetao Haowu APP.

WeTrade Group Inc. Upgrades its China Business to Drive Multi-Faceted Growth

BEIJING , Oct. 3, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG) , a global diversified "software as a service" ("SaaS") technology service provider committed to providing technical support and digital transformation tools for enterprises across different industries, today announced that the September 28, 2023 current report on Form 8-K filed with the SEC, purporting a change of the Company's directors and officers, was submitted to EDGAR without proper authorization of the Company. There were no changes to the Board of Directors and investors should not rely on the disclosures contained therein.

WeTrade Group Inc. Official Announcement for the Change of Board of Directors and Senior Management

BEIJING , Oct. 3, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WETG" or the "Company") (NASDAQ: WETG) today (October 3, 2023) announced that on September 28, 2023, a derivative lawsuit was filed in the United States District Court for the District of Wyoming against Biming Guo, Ning Qin, Yuxing Ye, Hechun Wei, Kean Tat Che, and Annie Huang (the "Named Defendants") by certain shareholders (the "Majority Shareholders"). The Majority Shareholders, derivatively on behalf of WETG, seek a judgment from the Court confirming that the Named Defendants resigned as officers and directors of the Company as of June 30, 2023 and that the attempted private placement transactions announced after that date relating to the issuance of 105,400 WETG shares and 1,465,200 WETG shares were invalid.

WeTrade Group Inc. Announces Filing of A Derivative Lawsuit Against Former Officers and Directors

BEIJING , Sept. 29, 2023 /PRNewswire/ -- On June 30, 2023, WeTrade Group Inc. (the "Company")(NASDAQ: WETG) received the resignation letters of directors Biming Guo, Ning Qin, Yuxin Ye, Grace Li,  CEO Hechun Wei, and CFO Annie Huang (the "Former Directors and Officers").

WeTrade Group Inc. Official Announcement for Clarification

BEIJING , Sept. 27, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to offering technical support and digital transformation tools for enterprises across various industries, today announced the change of the new Board members and officers.

WeTrade Group Inc. Announces Change of Board of Directors and Senior Management

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WeTrade (OTCMKTS: WETG) stock price made a strong recovery on Wednesday after the Chinese company launched a new product to take advantage of the artificial intelligence wave. The shares soared by more than 70%, its best day since the company went public a few years ago.

WeTrade share price had a short squeeze: avoid this penny stock

One of the biggest movers to the upside in today's choppy market is WeTrade Group (NASDAQ: WETG ). This company, which calls itself a “global diversified software as a service (SaaS) technology service provider,” is seeing incredible interest from a key announcement around the company's use of artificial intelligence (AI) today.

Why Is WeTrade Group (WETG) Stock Up 75% Today?

BEIJING , June 14, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to providing technical support and digital transformation tools for enterprises across different industries, today announced that the Company  has launched a large-scale language model generated by artificial intelligence, continuously increasing its technical reserves in the field of artificial intelligence, and increasing the application of large model technology and products for industry applications. The intelligent language generation and processing function launched this time can handle article tag excerpts, news content abstract production, text error correction, text information extraction, short text similarity filtering, etc.

WeTrade Group Inc. Launched Large-scale Language Processing Models To Increase Product Applications In The Field Of Artificial Intelligence

WeTrade (NASDAQ: WETG ) stock is on the move Friday after the company's shares underwent a massive reverse stock split. That reverse stock split saw WeTrade consolidate 185 shares of WETG stock into a single share.

Why Is WeTrade (WETG) Stock Up Today?

BEIJING , June 8, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to providing technical support and digital transformation tools for enterprises across different industries, today announced that upon the market opening on June 9, 2023, the Company's Common Stock will begin trading on the Nasdaq Capital Market ("Nasdaq") on a one-for-one hundred and eighty-five (1-for-185) post-split (the "Reverse Stock Split") basis under the current symbol "WETG". The Reverse Stock Split is intended to more expediently enable to Company to regain compliance to achieve a minimum bid price of $1.00 per share for continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Requirement").

WeTrade Group Inc. Announces 1-For-185 Reverse Stock Split

BEIJING , May 20, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to providing technical support and digital transformation tools for enterprises across different industries, today announced that the Company received a notification from NASDAQ on May 17, 2023, which states that due to the Company's failure to timely file its quarterly report on Form 10-Q for the quarter ended March 31, 2023, the Company failed to comply with Nasdaq's filing requirements set forth in Listing Rule 5250(c)(1) The matter serves as an additional basis for delisting the Company's securities from The Nasdaq Stock Market. This notification from Nasdaq also serves as a formal notification that the Nasdaq Hearings Panel (the "Panel") will consider this noncompliance in rendering a determination regarding the Company's continued listing on The Nasdaq Capital Market.

WeTrade Group Inc. Received a Non-Compliance Notification From Nasdaq

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WeTrade (NASDAQ: WETG ) stock is taking off on Wednesday morning after the trading platform operator announced a terminated securities agreement. WeTrade previously filed a Form 8-K filed with the Securities and Exchange Commission (SEC) on April 7, 2023.

Why Is WeTrade (WETG) Stock Up 53% Today?

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