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Posted On: 01/27/2020 11:46:23 AM
Post# of 107165
$WEYL For the full year 2019, Weyland expects to report record revenue of approximately $34.6 million, increasing 53% over 2018. The company ended the year at an estimated $48.6 million annualized run-rate.
The increase in revenue for the fourth quarter and year was primarily driven by the growth in monthly and annual subscriptions to the company’s CreateApp platform-as-a-service, which provides an easy-to-deploy mobile presence for small-and-medium sized businesses (SMBs). The CreateApp user base, which has been comprised primarily of businesses in Southeast Asia, grew more than 47% during the year to more than 360,000 total users by year end.
https://www.cnn.com/business/newsfeeds/globen...05649.html
The increase in revenue for the fourth quarter and year was primarily driven by the growth in monthly and annual subscriptions to the company’s CreateApp platform-as-a-service, which provides an easy-to-deploy mobile presence for small-and-medium sized businesses (SMBs). The CreateApp user base, which has been comprised primarily of businesses in Southeast Asia, grew more than 47% during the year to more than 360,000 total users by year end.
https://www.cnn.com/business/newsfeeds/globen...05649.html
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