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    WETG   US9618841038

WETRADE GROUP INC.

(WETG)
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WeTrade Announces Partnership with Ticket Agents of Universal Studio Beijing

09/07/2021 | 07:00am EDT

WeTrade Group Inc. announced that it has signed partnership agreement with a number of ticket agents of the Universal Studio Beijing Resort. According to the agreement, Wetrade will apply its pioneering SAAS technical system to the Universal Studio ticket distribution and provide a full set of ticket solution for tourism and hospitality partners. The Universal Beijing Resort, which is the first Universal Studios theme park in China, the third in Asia and the fifth globally, will be officially open to guests on Sept. 20 and tickets will be available to purchase on Sept. 14. Due to the COVID-19 prevention and control requirements, there will be a restriction on its daily capacity- Hence tickets are expected to be rare resources. The signing of the agreement not only means that Wetrade can provide SAAS services and multi-channel marketing support for multi industries across China, but also help individual tourists purchase tickets through different channels. At the same time, the YCloud system allows users to share links in their private domain traffic to earn commissions. For the ticket agents, YCloud system also enables them to acquire new clients while selling tickets.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2020 6,27  - -
Net income 2020 2,68 M - -
Net cash 2020 1,46 M - -
P/E ratio 2020 688x
Yield 2020 -
Capitalization 1 219 M 1 219 M -
EV / Sales 2019 -
EV / Sales 2020 294 427 741x
Nbr of Employees 89
Free-Float 27,5%
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Income Statement Evolution
Managers and Directors
Pi Jun Liu Chief Executive Officer & Director
Kean Tat Che CFO, Secretary & Executive Director
Dai Zheng Chairman
Li Zhuo Chief Operating Officer & Executive Director
Yu Xing Ye Independent Director & Compliance Officer
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