NEW YORK, Aug. 13, 2020 (World NEWSWIRE) — Weyland Tech, Inc. (OTCQX: WEYL), a primary world-wide provider of eCommerce, mCommerce, and fintech organization enablement solutions, has attained an settlement to obtain Fixel AI, an award-successful innovator of electronic advertising technological know-how.
Fixel’s audience engagement platform presents startups to Fortune 500 firms the potential to radically boost their on line marketing expend by segmenting and ranking web-site visitors dependent on their stage of engagement.
Implementing the electricity of A.I. equipment finding out, Fixel immediately analyzes in genuine-time dozens of consumer interactions on a company’s site to establish the most engaged site visitors with the best order intent, although doing away with minimal high-quality traffic that has nearly zero probability of producing a acquire.
As shown by lots of actual-earth applications, Fixel’s viewers segmentation technologies creates superior-intent audiences for retargeting and use their unique attributes to concentrate on ‘lookalike audiences’ on promotion platforms, like Google, Fb, Twitter and LinkedIn.
Proprietary AI analytics gives granular insights into top-doing audiences which can be utilized to even further optimize strategies. The standard squander in paying out on on-line strategies can be eliminated by determining and getting rid of underperforming small volume keyword phrases and channels.
Shipped as a cloud-centered software-as-a-services (SaaS), Fixel’s know-how can be speedily and simply embedded into any site. It integrates seamlessly with all key advert platforms, CMS and DMP solutions, such as Facebook, Google Advertisements, Shopify and WordPress. The CCPA and GDPR complaint, initial-get together knowledge option functions regardless of third-social gathering cookies or other facts sources, so companies can be self-assured their concentrating on is correct.
Weyland ideas to work Fixel as a new subsidiary, but expects Fixel’s technological innovation to be instantly integrated by Logiq, Weyland’s end-to-conclude eCommerce advertising resolution for enterprises and significant U.S. makes. Logiq also publishes a number of branded internet sites which it employs to make very first-bash info.
“Fixel excels as a exclusive ‘plug-and-play’ approach of building superior-good quality audiences who are ready to buy, while filtering out all the sound and squander,” claimed Haig Newton, CEO and president of the Logiq subsidiary. “They make audience development effortless though delivering greater management above remarketing strategies, like making media optimization faster and additional efficient. They also supply vital methods for the vanishing ‘cookie’ and growing specifications for privacy safety.”
Several on-line businesses nevertheless use third-bash details gathered from buyers on other internet sites to focus on individuals with ads. But variations to significant website browsers are cracking down on third-occasion details assortment and new internet privateness rules are earning this apply significantly less feasible. In January, Google introduced it strategies to get rid of support for 3rd-get together cookies by 2022. Chrome, Safari, and Firefox and other browsers will also no extended support this sort of info monitoring by 2022, with the section-out heralded as the “demise of the third-bash cookie.”
“As the great remedy to the crumbling 3rd-party cookie, Fixel’s proprietary technology supplies a first-celebration electronic tag owned by the manufacturer or publisher which can be employed to immediately identify the audiences who are pertinent for a marketer’s company targets,” noted Fixel CEO, Etgar Shpivak. “Our confirmed technological know-how decreases price for each acquisition, boosts return on ad shell out, and scales lookalikes audiences. This is just 1 of the many spots wherever we see incredible synergies with Weyland’s eCommerce platforms.”
Logiq’s main technological know-how officer, Tom Furukawa, commented: “Fixel avoids complications with low high-quality traffic by intelligently scoring web site site visitors, together with those people responding to an online marketing campaign, and thus offering a serious established of buyers for retargeting. We see Fixel’s technologies considerably complementing and boosting our LogiqX AI-powered customer intent motor, which captures and directs consumers from numerous sources who are in the market place to invest in a particular products or company, and encourages their engagement and conversion for key enterprises and brands.”
The power and unique capabilities of Fixel’s electronic advertising technological innovation has been acknowledged by both equally Techstars and Plug and Engage in, two of the top startup systems in the U.S.
The acquisition of Fixel is anticipated to shut by early September on pleasure of due diligence and execution of a prolonged-form settlement. Further more particulars of the transaction will be built obtainable in a Recent Report on Form 8-K to be filed by Weyland Tech with the Securities and Exchange Fee, and out there at sec.gov and from the investor segment of the company’s internet site at weyland-tech.com.
For more information and facts about Fixel, take a look at fixel.ai
About Weyland Tech
Weyland Tech, Inc. (OTCQX: WEYL) is a U.S.-dependent major worldwide supplier of eCommerce, mCommerce, and fintech small business enablement remedies. Its CreateApp™ system-as-a-services enables compact-and-medium sized enterprises throughout the world to easily make and deploy a indigenous mobile app for their business enterprise with no technological understanding or track record. CreateApp empowers companies to access a lot more consumers, enhance profits, deal with logistics, and boost their merchandise and providers in an quick, affordable, and hugely economical way. CreateApp is available in 14 languages across 10 nations and a few continents, like some of the swiftest-increasing emerging marketplaces in Southeast Asia.
Weyland’s subsidiary, Logiq Inc., supplies a knowledge-pushed, end-to-stop eCommerce marketing remedy for enterprises and big U.S. models, like Home Advisor, QuinStreet and Sunrun. Its LogiqX™ AI-powered shopper intent motor captures and directs buyers from numerous sources who are in the market place to buy a specific product or service or company, and promotes their engagement and conversion. Weyland’s AtozPay™ subsidiary gives cell payments, e-wallet, and the AtozGo™ hyper-nearby food stuff shipping companies in Indonesia, which has the fastest-increasing cell overall economy in Southeast Asia. For far more data about Weyland Tech, go to weyland-tech.com.
Essential Cautions Relating to Ahead Looking Statements
This press launch is made up of specified “forward-on the lookout statements” relating to the small business of the Company. All statements, other than statements of historical truth provided herein are “forward-hunting statements” which includes statements pertaining to: the completion by the Firm of owing diligence and the consummation of the acquisition, the skill of the Organization to productively integrate Fixel, the ongoing progress of the eCommerce segment and the potential of the Corporation to proceed its expansion into that phase the capability of the Firm to catch the attention of buyers and companions and make revenues the means of the Enterprise to properly execute its business system the organization tactic, strategies, and goals of the Organization the continued use and achievements of AtozGo and AtozPay and any other statements of non-historic info. These forward-seeking statements are often identified by the use of ahead-looking terminology these as “believes,” “expects” or related expressions and include identified and unfamiliar hazards and uncertainties. Even though the Corporation thinks that the anticipations mirrored in these forward-searching statements are sensible, they do contain assumptions, hazards, and uncertainties, and these anticipations may well prove to be incorrect. Investors really should not location undue reliance on these ahead-seeking statements, which discuss only as of the day of this information launch. The Company’s actual outcomes could vary materially from people predicted in these ahead-hunting statements as a result of a wide variety of variables, such as these mentioned in the Company’s periodic studies that are filed with the Securities and Trade Commission and readily available on its web-site (www.sec.gov). All forward-wanting statements attributable to the Organization or people acting on its behalf are expressly capable in their entirety by these things. Other than as needed beneath the securities laws, the Company does not assume any responsibility to update these forward-looking statements.
LogiqX is a trademark of Logiq, Inc. All rights reserved.
Brent Suen, CEO
Weyland Tech Inc.
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