China Yibai United Guarantee International (OTC:CBGH) Stock Gains Momentum: Here is Why
There were a number of companies that came into focus among investors on Monday, and it is important for investors to consider taking a look at a few of those. One of the companies that could be worth looking into in light of yesterday’s development is China Yibai United Guarantee International Holding Inc. (OTC:CBGH).
The company announced yesterday that, in partnership with TidyCall Inc., its fully-owned subsidiary unit, it had hosted a major press conference on September 13, 2023. At the press conference, the company showcased the launch of the TidyCall App 3.0 and the path-breaking WeChax.com platform, which had been developed for freelancers. It was further noted that the major focus of the products was to engage the thriving Chinese community located in Ontario. There would also be a significant focus on the Greater Toronto Area.
It ought to be noted that, as per the census of 2021, the number of Chinese Canadians in Ontario stood at 821835, and in the Greater Toronto Area, the population of the same demographic stood at 679725. On the basis of the cultural significance and the strong growth of the Chinese community in the areas, the Chief Executive Officer of China Yibai United Guarantee International Holding and TidyCall Willie Hsu noted that it was necessary to organize a press conference.
The press conference had been aimed at raising awareness about the new products not only among potential clients but also among service providers. Hsu provided a comprehensive presentation about the new products and took the attendees through the usage of the app so that everyone understood the niceties. Additionally, one person belonging to the service provider and another representing the clients shared their experiences about the benefits that they had managed to derive from the platform. At the end of the press conference, Hsu also noted that he had made the strategic decision to set up an office in Vancouver, which would help the company expand its footprint in the Western Region of Canada.
On August 21, China Yibai United Guarantee International Holding announced the introduction of its path-breaking freelancer hiring platform, Wechax.com, in collaboration with TidyCall. The company noted at the time that the move would not only open up a major source of revenue for the company but also bring about a distinct change in the freelancer services space. The platform would work as a platform that would help bridge the gap between freelancers and clients.
At the time, it was revealed that the platform would be launched initially in the greater Toronto area and then expanded to Vancouver. Eventually, it would be introduced in other cities in Canada and, finally, in North America. The company went on to note that the platform would help in harnessing a strong ecosystem where both freelancers with marketable skills and clients would come together. It now remains to be seen if the China Yibai United Guarantee International Holding stock comes into focus today or not.
