$WEYL - NEW YORK, Nov. 26, 2019 (GLOBE NEWSWIRE) -
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Posted On: 11/26/2019 11:55:15 AM
$WEYL - NEW YORK, Nov. 26, 2019 (GLOBE NEWSWIRE) -- Weyland Tech, Inc. (WEYL), a leading global Platform-as-a-Service (PaaS) provider of m-Commerce and fintech business enablement solutions, has agreed to acquire the assets and operations of Push Holdings, a subsidiary of ConversionPoint Technologies, in a stock transaction.
Weyland anticipates the additional revenue stream, synergistic product offerings and entry into the U.S. market provided by the acquisition will drive more than 100% top-line growth in 2020. Weyland recently reported trailing 12-month subscription-based revenues of more than $32 million and turned adjusted EBITDA positive.
https://seekingalpha.com/pr/17711259-weyland-...launch-new
Weyland anticipates the additional revenue stream, synergistic product offerings and entry into the U.S. market provided by the acquisition will drive more than 100% top-line growth in 2020. Weyland recently reported trailing 12-month subscription-based revenues of more than $32 million and turned adjusted EBITDA positive.
https://seekingalpha.com/pr/17711259-weyland-...launch-new
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