WEYL - Weyland Tech Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.4000
+0.0450 (+12.68%)
At close: 3:58PM EST
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Previous Close0.3550
Open0.3460
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.3460 - 0.4000
52 Week Range0.2470 - 0.9910
Volume114,776
Avg. Volume83,038
Market Cap39.895M
Beta (5Y Monthly)0.95
PE Ratio (TTM)N/A
EPS (TTM)-0.0790
Earnings DateNov 14, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.10
  • GlobeNewswire

    Weyland Tech Completes Acquisition of Push Interactive eCommerce Platform, Sets Stage for U.S. Launch of CreateApp for SMBs Nationwide

    Weyland Tech, Inc. (WEYL), a leading global Platform-as-a-Service (PaaS) provider of mCommerce and fintech business enablement solutions, has completed the acquisition of the assets and operations of Push Holdings from ConversionPoint Technologies (CPT) per the definitive asset purchase agreement announced in December. Weyland acquired Push to support the launch of its CreateApp mCommerce and mobile fintech solutions in North America, as well as additional eCommerce products and services globally. The acquisition is expected to be accretive to earnings in the first full calendar quarter as part of Weyland.

  • GlobeNewswire

    Weyland Tech Signs Definitive Agreement to Acquire Push Interactive’s U.S. eCommerce Platform for $25 Million

    Weyland Tech, Inc. (WEYL), a leading global Platform-as-a-Service (PaaS) provider of mCommerce and fintech business enablement solutions, has signed a definitive agreement to acquire the assets and operations of privately-held Push Holdings, a subsidiary of ConversionPoint Technologies (CPT), for $25 million in an all-stock transaction. This definitive agreement follows the earlier announcement of Weyland’s plans to acquire Push in order to support the launch of its CreateApp mCommerce and mobile fintech solutions in North America, as well as to introduce additional eCommerce products and services globally. Consideration for the transaction is comprised of 35,714,285 shares of Weyland Tech common stock priced at a premium to the current market valuation.

  • GlobeNewswire

    Weyland Tech Promotes Company Executives in Preparation for Continued Growth and Expansion

    Weyland Tech, Inc. (WEYL), a leading global Platform-as-a-Service (PaaS) provider of m-Commerce and fintech solutions, has promoted three company executives to new or existing positions. Eddie Foong, founder of CreateApp, was promoted to the new position of chief product officer. John MacNeil was promoted to chief operating officer.

  • Thomson Reuters StreetEvents

    Edited Transcript of WEYL earnings conference call or presentation 15-Nov-19 3:00pm GMT

    Q3 2019 Weyland Tech Inc Earnings Call

  • GlobeNewswire

    Weyland Tech’s CreateApp to Support Launch of Mobile App for Push Interactive’s 1,000,000-Subscriber AstrologyNova

    Weyland Tech, Inc. (WEYL), a leading global Platform-as-a-Service (PaaS) provider of m-Commerce and fintech solutions, is supporting an upcoming launch of a new mobile app on Android and iOS for Push Interactive’s AstrologyNova horoscope community. This announcement follows Weyland Tech announcing last week its plans to acquire Push. “Weyland’s earlier work with Push to support the North American introduction of our CreateApp platform led to this strategic acquisition and now co-developed mobile app,” said Eddie Foong, Weyland’s chief product officer and founder of CreateApp.

  • GlobeNewswire

    Weyland Tech CEO to Discuss Company’s Rapid Growth in Interview Webcasted Live Today by The Wall Street Resource at 4:30 p.m. EST

    The CEO of Weyland Tech, Inc. (WEYL), a leading global Platform-as-a-Service (PaaS) provider of m-Commerce and fintech solutions, will be featured in a live interview by The Wall Street Resource at 4:30 p.m. EST (1:30 p.m. PST) today. The interview of CEO Brent Suen will be webcasted and available for replay here, as well as via the Investors section of the company’s website at weyland-tech.com. Suen is expected to discuss Weyland Tech’s accelerating growth in CreateApp™ PaaS subscription fees from SMBs in Southeast Asia, its planned entry into the North American market via a strategic acquisition that is expected to double revenues in 2020, as well as the rapid expansion of its AtozGo™ food delivery service.

  • GlobeNewswire

    Weyland Tech’s AtozGo Food Delivery Service Surpasses 49,500 Customers and 14,500 Daily Deliveries in Just Four Months Since Launch

    Weyland Tech, Inc. (WEYL), a leading global Platform-as-a-Service (PaaS) provider of m-Commerce and fintech solutions, reported that its AtozGo ™ local food delivery service in Jakarta, Indonesia, has reached a registered customer base of 49,500 mobile users and 14,500 deliveries per day after only four months since its inaugural launch in July. Powered by Weyland’s m-Commerce technology and the AtozPay™ mobile payment platform, AtozGo allows office workers and city dwellers to order food delivered from their local favorite restaurants. Unlike other local food delivery services, such as GrabFood, AtozGo increases the potential number of available delivery people by not requiring they have a motor vehicle.

  • GlobeNewswire

    Weyland Tech to Acquire U.S. eCommerce Platform to Support North American CreateApp Launch and New Service Offerings for SMBs Globally

    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.

  • GlobeNewswire

    Weyland Tech President and CEO Purchases 900,000 Shares of Company Stock

    Weyland Tech, Inc. (WEYL), a leading global provider of m-Commerce and fintech business enablement solutions with its Platform-as-a-Service (PaaS), reported that its president and CEO, Brent Suen, purchased 900,000 shares of Weyland common stock from a private investor at an average price of $0.35 per share. “We recently reported 26% sequential topline growth for the third quarter of 2019, reaching a record $9.0 million, and we turned adjusted EBITDA positive,” commented Suen. Publicly-traded SaaS/PaaS companies typically trade on average at around 10x revenue according to Crunchbase, with other microcap comparables trading around 4x revenue on average.

  • GlobeNewswire

    Weyland Tech Reports Q3 2019 Results; Revenue at Record $9.0 Million

    NEW YORK, Nov. 15, 2019 -- Weyland Tech, Inc. (OTCQX: WEYL), a growing global provider of m-Commerce and fintech business enablement solutions with its CreateApp™.

  • ACCESSWIRE

    Weyland Tech to Present at 12th Annual LD Micro Main Event on December 10-12, 2019

    NEW YORK, NY / ACCESSWIRE / November 14, 2019 / Weyland Tech, Inc. (WEYL), a growing global provider of m-Commerce and fintech business enablement solutions with its CreateApp™ Platform-as-a-Service (PaaS), has been invited to present at the 11th Annual LD Micro Main Event institutional investor conference being held on December 10-12, 2019 at the Luxe Sunset Bel Air Hotel in Bel Air, California. Weyland CEO Brent Suen is scheduled to present on Wednesday, December 11, at 8:40 a.m. Pacific time and participate in one-on-one meetings with institutional analysts and investors throughout the day. The presentation will be also webcast live and available for replay here and via the investor relations section of the company's website at weyland-tech.com.

  • Newsfile

    Exclusive Fintech Podcast: Interview with CEO of Weyland Tech Inc.

    Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - November 4, 2019) - Investorideas.com, a leading investor news resource covering fintech and mobile payment stocks releases an exclusive podcast interview for investors following the sector.Weyland Tech Inc. (OTCQX: WEYL) is eyeing many opportunities and has already outperformed its 2018 revenue numbers, company CEO, Brent Suen stated in a recent interview with Investorideas.com.Listen to the podcast https://www.investorideas.com/Audio/Podcasts/2019/103119-CEO-OTCQXWEYL.mp3"For 2018 we had top line revenues of ...

  • GlobeNewswire

    Weyland Tech Sets Third Quarter 2019 Earnings Conference Call for Friday, November 15, 2019 at 10:00 a.m. ET

    Weyland Tech, Inc. (WEYL), a leading global provider of m-Commerce and fintech business enablement solutions with its Platform-as-a-Service (PaaS), will hold a conference call on Friday, November 15, 2019 at 10:00 a.m. Eastern time to discuss results for the third quarter ended September 30, 2019. Weyland management will host the call, followed by a question and answer period.

  • Newsfile

    The Explosion of FinTech in Indonesia and how Companies like Gojek and Weyland Tech, Inc. are Winning

    Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - October 23, 2019) - Investorideas.com, a leading investor news resource covering tech and mobile payment stocks, releases a snapshot reporting on the rapid growth of Fintech solutions in Indonesia and how unicorn companies like Gojek and emerging players like Weyland Tech, Inc. (OTCQX: WEYL) are benefiting.Read the full article on Investorideas.com https://www.investorideas.com/News/2019/technology/10230FinTech-Indonesia.aspAccording to one recent report, "Indonesia's fintech industry is in the midst of a ...

  • GlobeNewswire

    Weyland Tech Reports Preliminary Results for First Nine Months of 2019; Expects Revenue Up 42.6% to Record $24.6 Million

    Weyland Tech, Inc. (WEYL), a growing global provider of m-Commerce and fintech business enablement solutions with its CreateApp™ Platform-as-a-Service (PaaS), has reported selected preliminary unaudited financial results for the third quarter and nine months ended September 30, 2019. For the third quarter 2019, the company expects record revenue of approximately $9.0 million, which would represent an increase of 6.6% compared to the third quarter of 2018. For the first nine months of 2019, the company expects record revenue of approximately $24.6 million, which would represent an increase of 42.6% versus the same year-ago period.

  • GlobeNewswire

    Weyland Tech to Acquire 31% Ownership of AtozPay and AtozGo

    The AtozPay mobile payments platform serves the burgeoning m-Commerce and e-Payment markets in Indonesia, the world’s fourth most populous country. AtozPay recently announced it joined forces with Grab, the leading online-to-offline mobile platform in Southeast Asia, to promote its new AtozGo short-distance food delivery service in Jakarta, Indonesia. Grab is supporting a new AtozGo co-marketing campaign targeting food establishments and mobile users in certain areas of Jakarta.

  • GlobeNewswire

    Weyland's AtozPay and Grab Partner for Short-Distance Food Delivery Service in Jakarta

    New York, NY, Sept. 04, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Weyland Tech (WEYL), a leading global provider of  m-Commerce solutions, and its mobile fintech partner, AtozPay, have joined forces with Grab, the leading online-to-offline mobile platform in Southeast Asia, to promote the new AtozGo short-distance food delivery service in Jakarta, Indonesia. Launched earlier this week, Grab is supporting a new AtozGo co-marketing campaign, targeting food establishments and mobile users in certain areas of Jakarta. Following a successful roll-out, the campaign is expected to expand to other areas of the city, along with the possibility of a strategic investment by Grab.

  • GlobeNewswire

    Weyland Tech Reports Q2 2019 Results; Recurring Revenue up 53% to $7.1 Million

    NEW YORK, Aug. 14, 2019 -- Weyland Tech (OTCQX: WEYL) a leading developer and global provider of mobile m-Commerce software solutions, reported results for the first quarter.

  • GlobeNewswire

    Weyland Tech Sets Second Quarter 2019 Earnings Conference Call for Wednesday, August 14, 2019 at 4:30 p.m. ET

    New York, NY, Aug. 13, 2019 -- via NEWMEDIAWIRE -- Weyland Tech, Inc. (OTCQX: WEYL), a global platform-as-a-service (PaaS) provider of mobile business software applications,.

  • GlobeNewswire

    Weyland Tech Appoints Capital Markets Veteran, Andre Peschong, to Advisory Board

    New York, NY, Aug. 05, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Weyland Tech Inc. (WEYL), a global platform-as-a-service (PaaS) provider of mobile business software applications, has named Andre Peschong, a noted expert in finance, corporate development and strategy, to its board of advisors. Peschong brings to Weyland more than 25 years of senior management and capital markets experience. As a partner of Bridgewater, Peschong provides strategic advisory, capital formation, and comprehensive business and revenue development for public and private companies across a spectrum of industries, from mobile and security technology to consumer products, eCommerce, life sciences and health.

  • GlobeNewswire

    Weyland Tech Engages CMA to Lead New Investor and Public Relations Program

    New York, NY, Aug. 02, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Weyland Tech Inc. (WEYL), a global platform-as-a-service (PaaS) provider of mobile business software applications, has engaged CMA, a premier international capital markets advisory firm, to lead a new strategic investor and public relations program. This growth is being driven by delivering powerful mCommerce technology designed for the world’s fastest-growing emerging markets. "We believe we’ve reached a pivotal point in our growth trajectory and that our shareholders will benefit from an experienced team of capital market professionals to generate greater awareness of Weyland in the investment community," said the company’s founder and CEO, Brent Suen.

  • GlobeNewswire

    Sim Farar Joins Weyland Tech, Inc. Advisory Board

    New York, NY, July 19, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Weyland Tech Inc. (WEYL) (“Weyland” or the “Company”), a global provider of mobile business applications, announced today that Sim Farar, Los Angeles based businessman, joined the Advisory Board of the Company. Mr. Farar brings to Weyland Tech 30 years of experience in both public and private sectors. From 1999 - 2000, following a presidential appointment and confirmation by the U.S. Senate, Mr. Farar served as the United States Representative to the 54th General Assembly at the United Nations.

  • GlobeNewswire

    Weyland Tech Inc. Launches Food Delivery Service in Indonesia with AtozGo

    Beginning with a pilot launch in Jakarta, AtozGo expands upon the agent network that the Company has developed over the past 18 months to include courier services. Customers can use the AtozGo app to browse local restaurants, order and pay for food, and track delivery from their mobile devices. AtozGo is differentiated from other food delivery courier services by prioritizing affordable meals and short distance deliveries, allowing local restaurants that might not otherwise provide deliveries to sell more meals.

  • GlobeNewswire

    Weyland Tech Inc. Begins Pilot Program With Leading Telecom Provider for Indonesian Rollout of Its Platform as a Service Product

    The Company is initiating the pilot program to gauge market interest and determine the best business model to reach the major telco partner’s 6 million micro-small business customers. Over the next few months, the Company intends to apply the results of the pilot program to a full commercial launch of CreateApp in Indonesia, working closely with the major telco to ramp up customer and sales support in order to provide adequate coverage should the rollout scale up as envisioned.

  • GlobeNewswire

    Weyland Tech Inc. Announces Conference Call to Provide Updates on First Quarter Results and Recent Strategic Developments

    NEW YORK, NY, May 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Weyland Tech Inc. (WEYL) (“Weyland” or the “Company”), announced today that it will host a conference call to discuss the first quarter results to be reported on Wednesday May 15, 2019 and also discuss strategic developments. Weyland will host the call at 12:00 pm. Eastern Time on Thursday, May 16, 2019. Weyland Tech is a global provider of mobile business applications.