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home / news releases / WETG - IPO Update: WeTrade Group Pursues $50 Million U.S. IPO

WETG - IPO Update: WeTrade Group Pursues $50 Million U.S. IPO

Wet Engineering Bhd
  • WeTrade Group has filed to raise $50 million in a U.S. IPO.
  • The firm operates a membership-based system for micro merchants in China.
  • WETG has limited operating history and is seeking an EV/Revenue multiple of 168x, so I'll pass on the IPO.

For further details see:

IPO Update: WeTrade Group Pursues $50 Million U.S. IPO
Stock Information
Company Name: Wet Engineering Bhd
Stock Symbol: WETG
Market: OTC
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