WEIMOB INC (02013) announced today that the company has entered into a subscription agreement with renowned international long-term investment institution Infini Capital, successfully raising $200 million USD. The proceeds will primarily be used for AI investment and research & development, as well as international expansion.
WEIMOB INC's current funding round will focus on three main areas: First, AI integration and application within SaaS solutions, upgrading AI technology infrastructure to enhance computing power and storage capacity, and accelerating the deep application of AI technology in retail and e-commerce scenarios. Second, expanding media channels and precision marketing service capabilities, deepening ecosystem deployment on platforms such as Douyin and Xiaohongshu. Third, actively advancing overseas business development, investing in companies with AI innovation models and complementary products, and positioning for cross-border overseas business expansion.
Through this subscription, WEIMOB INC has successfully attracted international long-term capital, which not only provides sufficient funding for future development but also helps optimize the company's shareholder structure. Infini Capital is an international long-term capital institution headquartered in Abu Dhabi and Hong Kong. Since the beginning of this year, Infini Capital has participated multiple times in investments in leading AI companies listed in Hong Kong. This financing fully demonstrates international long-term capital's long-term confidence and firm support for WEIMOB INC.
WEIMOB INC stated that introducing international long-term capital focused on long-term value investment in the high-tech sector will help drive the company's increased investment and deployment in the AI field, thereby providing digital intelligence upgrade products and services to more global merchants.