Weyland Tech Enters Into Partnership With Southeast Asia’s Largest B2B Portal for the Construction Industry

Weyland Tech Enters Into Partnership With Southeast Asia’s Largest B2B Portal for the Construction Industry

New York, NY, Nov. 19, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Weyland Tech Inc. (OTCQX: WEYL) (“Weyland ” or the “Company”), a provider of mobile business applications, today announces a strategic partnership with Southeast Asia’s largest B2B portal for the construction industry, Keepital (http://www.keepital.com/), a part of the KEEP family of business marketing services. 

Keepital is a leading B2B portal in Southeast Asia for the construction industry with over 500,000 members. Utilizing Weyland’s PaaS platform on a ‘white label’ basis, Keepital will offer its members the ability to source, procure, buy and sell construction equipment, materials, products and services directly from their mobile phones.

Eddie Foong, Chief Operating Officer of Weyland Tech, states: “This partnership offers a tremendous opportunity for both Weyland and Keepital. Our smartphone platform brings multi-language mobile marketplace and payment solutions to their members, providing a seamless and convenient way for buyers and sellers to discover partners and procure products and services that previously required a desktop or laptop computer, phone calls, emails and even faxes to complete an order.

“Furthermore, Weyland’s relationship with Keepital provides access to a large number of businesses in an industry segment – construction – where Weyland otherwise had low exposure. The potential to assist Keepital’s 500,000 members establish a mobile presence is a win-win-win for Weyland, Keepital and its partners.”

Southeast Asia’s Internet economy is expected to exceed $240 billion by 2025, a joint study by Google and Temasek Holdings showed, a fifth more than previously estimated, as more consumers use their smartphones to go online. These figures lend themselves to Weyland Tech’s focus on Southeast Asia and enabling mobile commerce.

About Weyland Tech Inc.

Weyland Tech is a global provider of mobile business applications. It’s CreateApp platform offers a mobile presence to businesses in emerging markets, with partnerships on 3 continents and growing. This DIY mobile application platform, offered in 14 languages with over 35 integrated modules, enables small and medium sized businesses (“SMB’s”) to create native mobile applications (“apps”) for Apple’s iOS and Google Android without technical knowledge or background, empowering SMB’s to increase sales, reach more customers and promote their products and services in an easy, affordable and efficient manner.

In May 2018, the Company expanded its portfolio to fintech applications with the launch of its AtozPay mobile payments platform. The mobile wallet launched in the worlds 4th most populous country, Indonesia, and is already experiencing rapid growth in transactions taking place on the platform.

Follow Weyland Tech online at:

Weyland Tech Facebook Page (https://www.facebook.com/weylandtech)

Weyland Tech Twitter Feed (https://twitter.com/weylandtechinc)

Weyland Tech LinkedIn Page (https://linkedin.com/company/weylandtech)

Brent Suen, CEO Public Facebook Page (https://www.facebook.com/BrentSuenWEYL)

Brent Suen, CEO Public Twitter Feed (https://www.twitter.com/BrentSuenWEYL)

Safe Harbor Statement

This release contains certain “forward-looking statements” relating to the business of the Company. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding: the continued growth of the e-commerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.

For further information contact:

Howard Gostfrand

American Capital Ventures, Inc.

President

Office: 305-918-7000

Email: hg@amcapventures.com

www.amcapventures.com

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