WeTrade Group Inc. (“WeTrade” or the “Company”) (NASDAQ: WETG), a global diversified “software as a service” (“SaaS”) technology service provider committed to providing technical support and digital transformation tools for enterprises across multiple industries, today announced that its strategic partner Vmade Tech PTE. LTD (“Vmade”) has launched cooperation with Fulgent Life INC( “Fulgent Life”). Vmade will build an independent overseas development platform for Fulgent Life, expand its overseas market development, and provide a closed loop of business growth solutions from station establishment, product sales, customer transformation and cross-border payment. At the same time, Vmade and Fulgent Life will promote Sober Rush jointly, which is aim to achieve US$50 million of GMV in 2023.
Sober Rush is jointly developed by Guangdong Haihe Bio-pharmaceutical Technology Co., Ltd., Fulgent Life and the biological laboratory of the University of California, Los Angeles, a top biological laboratory in the United States. The Sober Rush Rubik’s cube product technology was successfully approved in the United States in June 2022. In June 2022, it received a 20-year invention and innovation U.S. patent and an international PCT invention patent. In May 2022, it also received a Chinese invention patent. It is clearly stated in the Chinese patent abstract that Sober Rush wine Rubik’s cube product treats and prevents hangover, acute alcoholic liver injury, and help the liver recover from liver function damage caused by alcohol and other substances.
Vmade is a partner of WeTrade Group, which authorizes Vmade to implement the commercial application of WTPay technology in the world. Vmade can quickly respond to customer needs, not only providing independent site building services for cooperative customers, but also providing integrated cross-border private domain growth solutions for cooperative merchants from multiple dimensions such as global supply chain connection, marketing customer acquisition, customer transformation, compliance management, and cross-border payment.
WTPay is a cross-border financial service platform, which provides the fastest T+0 cross-border trade supply chain fund collection service for cross-border shipping enterprises. WTPay connects resources in more than 100 countries and eight mainstream currencies, and establishes cooperative alliances with more than 15 payment companies around the world to help customers quickly carry out global collection and payment business. Up to now, WTPay has been promoted and put into trial operation in the United States, Singapore, Australia, the Philippines, Indonesia and other places.
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