- CEO
- Taoyong Sun
- Full Time Employees
- 3,563
- Sector
- Technology
- Industry
- Software - Application
- Address
- Weimob Building Shanghai People's Republic of China
- IPO Date
- Jan 5, 2021
- Business
- Weimob Inc. (HKEX: 2013; OTC: WEMXF) provides cloud-based commerce and marketing solutions and targeted marketing services primarily to small and medium-sized enterprises in China. The company operates through two main segments: Subscription Solutions, which offers standard cloud-hosted SaaS products including Commerce Cloud (Wei Mall, Ke Lai Dian, Smart Retail, Smart Restaurant), Marketing Cloud (Wei Station, Wei Forms, Marketing Assistant), and Sales Cloud (Sales Pusher, OneCRM); and Merchant Solutions, which delivers value-added services such as customized ERP software, online marketing support, in-depth operations, and assistance in purchasing advertising traffic across platforms like Tencent, Kuaishou, Douyin, and Xiaohongshu. It also provides the WOS new business operating system, a PaaS platform for developers, and digital solutions for industries including e-commerce retail, supermarket fresh food, catering, commercial real estate, department stores, shopping centers, and direct-selling centers, with operations focused on the People's Republic of China.
Founded in 2013 and headquartered in Shanghai, China, Weimob serves merchants through multi-terminal integrated product matrices and full-link growth services to drive digital transformation and intelligent operations.
Recent developments include turning a profit in its 2025 interim results announced on August 20, 2025, with revenue aligning to expectations and profit exceeding them amid macroeconomic recovery; deepening strategic cooperation with Tencent, evidenced by a 4% year-on-year increase in overall ad spending, 46% growth in video account advertising, and 25 awards including the 2024 Tencent Advertising Strategic Cooperation Award; expanding into platforms like Kuaishou (54% year-on-year ad consumption growth), Douyin, and Xiaohongshu; a 300 million GMV leap and growth in KOL video account services in 2024; completion of a 277 million new share placing on April 26, 2024; and CEO Sun Taoyong's purchase of 4 million additional shares on August 22, 2025, signaling confidence in AI applications, international expansion, and SaaS profitability.