Cashback and mobile payment system "wee" poised for market launch in China / Boomtown Shenzhen swears by "Made in Germany" with m-business from Schwabing (FOTO) - Seite 3

sports, China and in particular Shenzhen wants to invest billions in
the construction of sports facilities in order to be able to meet the
needs of the increasing number of professional sports fans. Here, the
plan is for the implementation of the Bad Tölz model to play a
crucial role when it comes to networked mobile payment with a
cashback guarantee.

Oliver Kaiser, chairman of the advisory board of the weeSports
division, is convinced the project in the "Middle Kingdom" will be a
hit: "Following the successful implementation with our own
technological infrastructure, beyond Shenzhen, we plan on opening up
the entire province of Guangdong for "wee", which with over 100
million inhabitants is the province with the highest population
density in China." The credo of the sports business pro with proven
loyalty expertise: "In the future, we want consumers in China to make
their daily purchases using the weeApp without the need for cash, and
to do more than just collect cashback in the process. Beyond the
monetary advantage, at the same time, we also offer the growing
number of sports fans unique experiences with their idols, linking
this with merchandise offers, stadium experiences and digital
marketing. If, of these almost 1.4 billion Chinese citizens, just
half of them are interested in sports, our business case here is
looking at a prospective customer potential of over 500 million
fans."

The high-ranking Chinese delegation, which was warmly welcomed by
Roland Weigert, state secretary in the Bavarian State Ministry of
Economic Affairs, Energy and Technology, included a good 20 top
managers from Shenzhen with a total turnover of approx. 500 billion
euros from all the relevant industries, such as automotive, venture
capital, aerospace, IT, energy, banking, project development and so
on.

With the Kempinski Four Seasons hotel, the organising Shenzhen
International Investment & Promotion Association (SZIIPA) had chosen
a befitting setting for the Chinese-German conference on economic and
technical cooperation. In order to get an idea of the business
environment and the economic developments on location and to
contractually finalise the projects, the return visit of the German
delegation in Shenzhen will take place with the eagerly anticipated
participation of the "wee" management in late summer 2019.

Originaltext: weeCONOMY AG
digital press kits: http://www.presseportal.de/nr/122695
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Mewdia contact:
weeMarketplace AG/weeSports & Entertainment AG/weeBusiness GmbH
Head of Corporate Communications
Media spokesman
Tilmann Meuser
c/o CP/CONSULT Consulting Services GmbH
Tel.: [phone]; mobile: [phone]
[e-mail]

P.S.: As a service we also offer you photo material with the right to
free use (photos, moving images) available for download at
http://blog.wee.com/presse/ We would be very happy if you wish to
publish these images and send us the corresponding evidence thereof.

Information about wee: http://wee.com and https://weesports.com
About visionary and wee founder Mr. Cengiz Ehliz:
http://cengizehliz.com/