$WEYL NEW YORK, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Weyland

New Post Public Reply Private Reply Replies (0) Message Board
Lets Roll
189
$WEYL NEW YORK, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Weyland Tech, Inc. (WEYL), a leading global provider of mCommerce platform-as-a-service (PaaS), eCommerce managed services and fintech solutions, is preparing to launch its CreateApp mobile commerce platform-as-a-service in Italy.

The availability of CreateApp will allow the more than 172,000 small businesses across the country to easily establish and manage their mobile presence. To support the launch, Weyland has partnered with Medias-Com’S SA, a Swiss company specializing in media and communication.

Medias-Com’S will be joined by Infomaniak, one of the leading web solutions companies in Switzerland. Founded in 1994, Infomaniak has more than 130 employees and annual revenue of 25 million euros. Also partnered with Medias-Com'S for the campaign is Proteus, a leading IT company that provides Internet access and eCommerce applications to businesses across Italy.

“Italian small businesses have been grossly underserved in terms of mobile solutions, and we have found CreateApp to be an ideal solution for any business looking to create a mobile app to promote its product or services,” commented Paolo Tozzini, owner and manager of Proteus. “Unlike anything else we’ve seen on the market, CreateApp enables business managers to easily create and deploy native mobile applications without technical knowledge or background. With CreateApp, they can finally leverage the power of mobile to increase sales, reach more customers, manage logistics and conduct financial transactions in a simple, affordable and highly efficient way.”

CreateApp will be offered under the brand name, Medias-ComApps, with initial pricing set at 25-110 euros per month. It will include a business exchange platform for Asia-based companies to conduct cross-border business. The exchange will feature a unique on-the-fly language translation capability for B2B and B2B2C members interacting and engaging in e-Commerce via the platform.

First launched in Southeast Asia, CreateApp has attracted a large user following, growing 47 percent over the last year to more than 360,000. The launch in Italy follows the company’s entry into Taiwan in association with Line Corp., and in the U.S. through its recent acquisition of Minneapolis-based Push Interactive.

“Entering the Italian small business market with a premium partner like Medias-Com’S represents another major step in plans for global expansion,” commented Weyland CEO, Brent Suen. “It also highlights the highly-scalable, low-capex nature of our platform, with localized features that can be supported by regional partners. As our partnership with Medias-Com'S develops, we see our CreateApp platform being offered in Germany, France, Switzerland and the Benelux region.”

According to Statista, Italy has one of the largest e-Commerce markets in Europe that is expected to grow nearly two-fold, from $12.3 billion in 2017 to $24.1 billion by 2023. Key factors driving this growth include greater Internet penetration and the growth in the number of mobile users. Mobile shopping has also gathered significant momentum in the country, with nearly 31% of all e-Commerce B2C sales transacted via mobile.

Weyland’s recent acquisition of Push Interactive is expected to also provide specialized lead-generation tools for Italian small businesses to increase their online sales. Push Interactive’s direct-to-consumer eCommerce platform provides an end-to-end solution for enterprises and major U.S. brands that include HomeAdvisor, QuinStreet and Sunrun.

“There are many exciting opportunities to add features and enhancements to CreateApp as provided by Push Interactive and our comprehensive suite of eCommerce products and services,” added Suen, “with this all helping to drive expansion of our recurring, high-margin revenue stream over the coming quarters.”

https://www.marketwatch.com/press-release/wey...quote_news
Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!
Scroll down for more posts ▼

Top 10 Most Recent News Articles

HashKey and RD Tech Partner for RDUSD Expansion

Updated Category News Views 37

A Partnership with Serious Implications Here's a fresh duo in the financial frontier—HashKey On-Chain and RD Technologies are teaming up in a bid to push the RDUSD stablecoin into the heart of cross-border trade and finance. And why does it matter? Well, in the wild west of digital finance, stablecoins are the solid ground, and these two are planting their flag. It's a...

Continue Reading
RD Technologies Ramps Up Cross-Border Payments

Updated Category News Views 130

RD Technologies: Revving Up the Payment Game RD Technologies is at it again, jazzing up its game in the cross-border payments realm. One can almost smell the digits doing a tango across continents—particularly as Hong Kong's financial warriors set their sights on beefing up trade between Africa and Asia. New Alliances in the Payment Arena Here's a roadmap: Connect the...

Continue Reading
CPC's Rigorous Self-Governance Balances Power Effectively

Updated Category News Views 254

What's the Deal With Those Ancient Quotes? There's nothing like a quote from the Warring States Period to set the stage for good ol' fashioned governance chatter. Lu Buwei's words about rulers and compass points is historic, sure, but it speaks to the core need for standards in today's China. This isn't just some fortune cookie wisdom; it's a clarion call for order and...

Continue Reading
Mastering Progressive Overload: Break Workout Plateaus

Updated Category News Views 166

Getting off the Fitness Merry-Go-Round You've been hitting the gym, feeling great, and suddenly—bam! You've hit a wall so hard you might as well be a bug on a windshield. That's where our buddy Joshua Bankes comes in, explaining the magic of progressive overload for fitness buffs. Understanding Plateau Phenomena Remember, results aren't linear. As you start a new...

Continue Reading
Smart Salary Moves for S Corp Owners: Riggs Unpacks Insights

Updated Category News Views 239

Decoding the S Corp Salary Dance How much salary should the savvy owners of S corporations draw? It ain't a simple task or one-size-fits-all deal, folks. David Riggs spills the beans on HelloNation, sharing insights on this complex tango between drawing wages and raking in shareholder distributions. In the end, it’s about playing by the IRS rules—or risking a penalty...

Continue Reading
Home Genius Exteriors Expands with Five New Locations

Updated Category News Views 168

Pushing Beyond the Backyard: Home Genius Opens New Doors Hold onto your hats, folks. Home Genius Exteriors is making a splashy move by setting up shop in five new points across the map. We're talking Toledo, Ohio; Nashville, Tennessee; Lehigh Valley and Erie in Pennsylvania; and Dover, Delaware. That's quite a leap from their cozy base of operations, marking a clear push...

Continue Reading
Lily Toxicity in Cats: Urgent Action Matters

Updated Category News Views 278

Understanding the Severity of Lily Toxicity Ah, lilies. They might look pretty on your dining table, but if you’ve got a feline prowling around your house, these beauties could be a silent cat killer. In the animal-medicine world, this isn’t just another cautionary tale; it's a full-blown call to arms for cat owners. Dr. Ashley Wheatley, a veterinary expert out of...

Continue Reading
Ensuring Flooring Stability: Acclimation's Key Role

Updated Category News Views 201

Dive into the World of Flooring Acclimation You ever hear about flooring acclimation? Sounds as riveting as watching paint dry, right? But Austin J. Messina from Salem, New Hampshire, is here to tell us it's the secret to flooring that doesn't buckle under pressure—literally. Messina's insights, splashed across the pages of HelloNation, delve deep into the nitty-gritty...

Continue Reading
Navigating the Maze of Required Minimum Distributions

Updated Category News Views 165

Understanding Required Minimum Distributions Ever felt like retirement planning is walking a financial tightrope? Well, when it comes to Required Minimum Distributions (RMDs), you're tiptoeing on a wire. These IRS-mandated withdrawals aren't just accounting quirks; they’re a cornerstone of retirement income strategy—a fact unmistakably highlighted by Janie Kelly in...

Continue Reading
Wujiang Celebrates 90 Years of Fei Xiaotong's Legacy

Updated Category News Views 10

If you thought anniversaries were just about looking back, think again! In Wujiang, November 1st was all about forging ahead. Scholars and local officials weren't just reminiscing about Fei Xiaotong's landmark field study at Jiangcun 90 years ago; they were strategizing how to apply the sociologist's insights to today's economic and community challenges. Marking a Legacy...

Continue Reading

Top 5 Most Recently Viewed Articles

Northern Venture Trust's Strategic Share Purchase Announcement

Updated Category News Views 98

Northern Venture Trust's Recent Share Buyback Northern Venture Trust PLC has made a significant move in the market by purchasing its own shares, reflecting strategic financial management. On September 26, 2025, the Company acquired 1,042,180 ordinary shares at a price of 57.0p per share. This buyback represents approximately 0.48% of the total issued ordinary share...

Continue Reading
StubHub's Steps Towards a Future Public Offering Unveiled

Updated Category News Views 517

StubHub Files for Initial Public Offering StubHub Holdings, Inc. (NASDAQ: STUB), a leading platform for secondary ticket sales, has recently taken a significant step towards expanding its business presence. They have officially filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC), marking their intentions for a potential...

Continue Reading
Duke Energy Florida Progresses on Power Restoration Efforts

Updated Category News Views 107

Duke Energy Florida Makes Significant Strides in Power Restoration Duke Energy Florida is hard at work restoring power to areas impacted by Hurricane Milton. As of recent updates, outages have dramatically decreased from over 1 million to about 580,000. The team is focused on getting life back to normal for those affected by this natural disaster. Estimated Restoration...

Continue Reading
Skyharbour and Medaro Mining Launch Yurchison Uranium Exploration

Updated Category News Views 130

Skyharbour and Medaro Mining Initiate Winter Exploration Program Skyharbour Resources Ltd. (TSX-V: SYH) is excited to collaborate with Medaro Mining as they announce a new exploration initiative at the Yurchison Uranium Project located in the Athabasca Basin. This undertaking, slated to start within the coming weeks, aims to advance the understanding of uranium potential...

Continue Reading
Sprout Social Set to Reveal Q4 2024 Financial Insights Soon

Updated Category News Views 208

Exciting Financial Overview Coming from Sprout Social Sprout Social, Inc. (NASDAQ: SPT) is gearing up to unveil its financial results for the fourth quarter ending December 31, 2024. On this significant day, the company is expected to deliver numerous insights following the market's close on an upcoming Tuesday. This announcement holds great anticipation for investors and...

Continue Reading