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Weyland Tech to Launch CreateApp in Taiwan in Partnership with Leading Line Corp. Affiliate, Now MasteryNEW YORK, Feb. 06, 2020 (GLOBE NEWSWIRE) -- Weyland Tech, Inc. (OTCQX: WEYL) plans to launch its CreateApp mCommerce platform-as-a-service in Taiwan within the next few weeks, allowing the more than 1.3 million small-and-medium sized businesses (SMBs) across the country to easily establish and manage a mobile presence. CreateApp enables businesses to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. CreateApp empowers SMBs to increase sales, reach more customers, manage logistics, conduct financial transactions, and promote their products and services in an easy, affordable and highly efficient way. The CreateApp user base, comprised of businesses across Southeast Asia, grew 47 percent last year to more than 360,000. To support the launch in Taiwan, Weyland has partnered with Now Mastery, LLP, an affiliate of NYSE-listed Line Corporation. Line provides a platform for mobile messaging and communication services, content distribution and financial services primarily in Japan, Taiwan, Thailand and Indonesia. Now Mastery is led by Joseph Kay, a best-selling author in Taiwan who is widely considered the preeminent authority on Internet marketing for small business owners. Kay has attracted more than 400,000 followers on Line’s small-business marketplace and 67,000 on Facebook. Now Mastery will offer its followers special subscription pricing for CreateApp of US$25 - $110 per month, depending on the features and modules they use. Now Mastery will also provide ongoing advice and support for users on the platform. “The citizens of Taiwan are well-known for being first adopters of the latest technologies and solutions,” noted CreateApp’s chief product officer and founder, Eddie Foong. “In fact, technology has been the key driver of Taiwan’s economy for decades, and it has transformed the island into one of the world’s leading manufacturing hubs, home to some of the world’s largest semiconductor companies. “The country has recently been making great strides in strengthening its startup ecosystem, with a surge in venture capital, government support, and reforms helping to revitalize the economy and increase the visibility of the next generation of entrepreneurs. Altogether, this makes Taiwan an ideal marketplace for CreateApp market expansion after Indonesia and more recently North America.” While Taiwan’s population of 28 million is small compared to other markets in the region, its consumer habits and openness make it an easy market to navigate, as well as introduce and test consumer acceptance of new online services. Internet speeds in Taiwan rank among the top in the world; IP protection is well-established, and the cultural similarities to China make for good testing grounds to launch and experiment with new ideas before moving into larger regional markets. According to Export.gov, more than 85 percent f Taiwanese citizens are connected to the Internet and more than 70 percent access the Internet using a smartphone device, making it one of the most connected consumer bases in the world. Further, a significant portion of the population is now shopping on mobile devices. In Taiwan, 48 percent of all online transactions are mobile-based, and this number is expected to reach 61 percent by 2022. “Given these favorable market dynamics, we are excited to partner with the esteemed Joseph Kay and his Now Mastery organization to launch CreateApp in Taiwan,” commented Weyland CEO, Brent Suen. “We expect even a small penetration of their large following to result in a significant contribution to our recurring revenue stream by the end of the first quarter.” Weyland’s recent acquisition of Minneapolis-based Push Interactive is also expected to provide lead-generation tools for Taiwanese SMBs to increase their online sales. About LINE Corporation About Weyland Tech Offered in 14 languages with more than 70 integrated modules, CreateApp enables SMBs to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. The technology empowers SMBs to increase sales, reach more customers, manage logistics, and promote their products and services in an easy, affordable and highly efficient way. For more information, visit weyland-tech.com. About Push Interactive About AtozPay™ and AtozGo™ Important Cautions Regarding Forward Looking Statements Media & Investor Contact |