At the previous close, the stock of Sino United Worldwide Consolidated Ltd [OTCPk: SUIC] surged 33.66% to $ 1.3500. The SUIC stock experienced Volume of 67.22K against an Average Volume of 29.21K in the past 30 days. Over the past 52 weeks, the SUIC stock value fluctuated from $0.2200 to $20.000. After signing a collaboration agreement with an e-commerce firm, SUIC stock spiked.
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What is SUIC partnering for?
Sino United Worldwide deals in strategic planning, venture financing, and investing in private companies and public institutions. By targeting these firms, SUIC seeks to improve and streamline existing processes, and create new and exciting business models that will accelerate the development of groundbreaking products and services that are enabled by Internet of Things, Cloud Computing, Mobile Payments, Big Data, Blockchain, and Artificial Intelligence.
The advanced services of SUIC will be applied in a variety of economic spheres for shareholders. SUIC offers a diverse range of technologies to existing and potential customers as well. SUIC is a pioneering publicly traded technology company that helps build tech-enabled businesses.
Sino United Worldwide and Midas Touch announced that they are now offering their products and services to e-commerce companies, enabling more than 500,000 merchants and partners to benefit from them. These moves will increase their customer base to a greater extent.
- A global e-commerce market worth $6 trillion is a huge opportunity for SUIC, Midas to replicate this model.
- E-commerce reached greater heights and reached a broader audience in 2020 as global economic conditions grew dynamism and companies focused their attention on necessities that were relevant to a significant portion of the world’s population.
- Through their technology and platforms, SUIC and Midas Touch address the pain points of their merchant partners, such as lower turnover rates, lower profit margins, and higher operating costs.
- SUIC has partnered with X-Turn, Bznk, and PCHome, Taiwan’s largest business-to-consumer e-commerce platforms, to replicate its business model across various EC markets.
- A joint sales platform with Chunghwa Telecom Hami Market has enabled X-Turn to meet the device demands of 1 billion users.
- On its X-Turn online store, the company has over 200,000 items and 300,000 members.
- In Taiwan, Bznk provides important services to more than 1.35 million SMEs through P2P technology, a reliable credit rating system, and a big data system analysis that matches borrowers and investors.
- PCHome is Taiwan’s largest B2C e-commerce website with over half a million merchants.
- Bznk has formed a three-party partnership with Midas Touch and PCHome.
- In addition to offering customized VIP products for the fast-growing E-commerce market, multi-level marketing, and franchise chain stores businesses, SUIC Midas’s technology and platform will be able to benefit millions of customers and merchants all around the world.
SUIC to excel in global e-commerce market?
Starting from its Taiwan office, Sino United Worldwide (SUIC) plans to expand these marketing programs globally. The SUIC will set up local offices all over the world to serve its local PSPs and partners. As a result of SUIC and Midas Touch’s revolutionary technology and products, SUIC and Midas Touch believe millions of merchants will be able to enjoy increased turnover rates, higher profit margins, and greater business growth.
