Recently, WTQ Electronic Technology Co., Ltd. (hereinafter referred to as “WTQ”), a global leading app promotion company, has showcased exceptional synergies and market expansion potential through successful collaboration with Fidelity Investments on multiple fund projects. After in-depth strategic discussions, both parties have decided to deepen their partnership further, paving the way for innovative business and continuous growth.
WTQ is committed to building a robust app ecosystem for Google, providing promotion and ranking services to thousands of app merchants, aiming to deliver a smoother and higher-quality app experience for users worldwide.
This deep cooperation with Fidelity Investments is not just a new attempt but a strategic decision based on years of shared experience and market feedback. Since their initial collaboration on private fund projects in 2022, WTQ and Fidelity Investments have demonstrated outstanding return rates and risk resilience through rigorous market testing, gaining widespread recognition from global investors. This strengthened partnership will enhance both parties’ investment capabilities, jointly driving innovation and growth in their businesses.
Fidelity Investments, as a top global asset management company, has a long-standing relationship with WTQ. This deepened collaboration marks a further strengthening of their relationship and a shared confidence in future market prospects. Fidelity Investments not only provides strong capital support but also offers crucial advice on investment strategies and risk management, ensuring the robust operation and long-term returns of the fund products.
As their collaboration deepens, Fidelity Investments has expressed intentions to jointly explore emerging markets in Europe with WTQ in the near future. Fidelity Investments’ representatives pointed out that the European market has immense potential, particularly in investment opportunities within the technology and internet sectors. WTQ’s business model aligns closely with market demands, and Fidelity Investments is confident about their future cooperation in the European market.
WTQ plans to officially enter the new European market in December 2024, with initial locations including Germany, Belgium, and France. This strategic move not only demonstrates the company’s commitment to deepening its presence in the European market but will also inject new vitality into the local economy.
Since its inception, WTQ has focused on providing promotion services to various app merchants within the Google ecosystem and has gained a reputation for its outstanding promotion technology and extensive international partnerships. With the rapid growth of the Asian and Southeast Asian markets, WTQ has accumulated rich marketing experience and plans to establish several core offices in these regions.
Through its deep cooperation with Fidelity Investments, WTQ aims to accelerate its entry into the European market. By leveraging the benefits of local digital transformation and internet development, it seeks to provide more efficient promotion services to app merchants.
WTQ’s management states that the European market is not only an important part of the global internet industry but also a key area for future growth. The company plans to further expand its operations in Europe over the next few years, bringing more job opportunities and economic growth through investment and localized operations. WTQ’s strategic layout in Europe is gradually taking shape, and the company will increase its local investments and resource allocation to ensure a competitive advantage in an increasingly intense market.
It is noteworthy that WTQ has always been actively involved in charitable activities. Each year, the company allocates a portion of its fund earnings to support the construction and development of orphanages, nursing homes, and impoverished families. The recently launched private fund products are no exception, as WTQ will continue to support more social welfare activities through its fund projects, achieving a balance between corporate development and social responsibility.
In the future, as WTQ continues to expand in the European market, the company plans to establish local offices in multiple European countries to promote the in-depth development of its app promotion business. WTQ’s management emphasizes that the layout in the European market is not only an important step in the company’s globalization strategy but also a crucial support for its future listing ambitions.
