Winvest Group Limited Announces New Partnership With Telecommunications Leader PAVOCOMMS

Rhea-AI Summary

Winvest Group (OTC: WNLV) has announced a new partnership with Malaysian telecommunications company Pavo Communications. The collaboration aims to develop a comprehensive platform named Viesta, integrating telecommunications, e-commerce, and financial services. Viesta will offer users flexible global connectivity, allowing them to purchase data plans and shop within an e-commerce marketplace. Users can also utilize surplus airtime and earned rewards to buy goods and services. Winvest's CEO, Jeffrey Wong, highlighted the initiative's potential to diversify and innovate, contributing to the company's growth and future IPO plans.

Positive

• Partnership with PAVOCOMMS to develop a comprehensive platform integrating telecommunications, e-commerce, and financial services.
• Introduction of Viesta platform offering flexible global connectivity and a marketplace for data plans.
• Users can use surplus airtime and rewards within the e-commerce marketplace.
• Potential for diversifying and innovating Winvest's technology portfolio.
• Contribution to Winvest's growth and future IPO plans.

Negative

• None.

RENO, Nev., July 08, 2024 (GLOBE NEWSWIRE) -- Winvest Group Limited (OTC: WNLV) ("Winvest"), an investment holding company with diverse media, entertainment, and technology portfolios, has announced that it has entered into a new partnership with Pavo Communications Sdn. Bnd. (“PAVOCOMMS”), a telecommunications company founded in Malaysia in 2011. PAVOCOMMS is known for its popular product Mcalls, a SIM package for data, voice and text that includes a rewards redemption platform.   

     

“We’re thrilled to collaborate with PAVOCOMMS to develop a comprehensive platform that integrates telecommunications, e-commerce and financial services,” said Jeffrey Wong, CEO of Winvest. “This partnership offers consumers seamless global connectivity and mobile services through an industry-leading telecommunications subscription model.”

The collaboration with PAVOCOMMS will introduce Viesta to us, a platform where users can purchase data plans and functions as a marketplace. Additionally, the users of this platform will benefit from using Airtime on Viesta to seamlessly purchase data plans and enjoy a leisurely shopping experience in the e-commerce marketplace, thereby expanding their choices and flexibility. We are ambitious to create an all-in-one super app in times to come.

When the new platform launches, subscribers will not only benefit from flexible worldwide communication services, but they’ll have the ability to use surplus call time as well as earned rewards within a global e-commerce marketplace. That means that unused airtime retains its value and can be used to purchase other needed goods or services.

“This integrated approach provides today’s digital nomads and entrepreneurial-minded consumers with unmatched convenience and a competitive edge,” said Wong. “We strongly believe this exciting collaboration will help Winvest to diversify and innovate on the technology side while propelling the company’s future growth and eventual IPO listing.”

About Winvest Group Limited:

Headquartered in Reno, Nevada, Winvest is an investment holding company focused on media, entertainment, and technology. Shares in the company are currently traded on the OTC Market under the stock ticker “WNLV,” with plans to upgrade to Nasdaq and pursue an IPO in the near future. For additional information about Winvest and its investment opportunities, please visit http://www.winvestgroup.co.     

Investor and Media Contact:

Kevin
Winvest Group Limited
50 West Liberty Street, Suite 880, Reno NV 896501
Email: info@winvestgroup.co
Phone: 775-996-0288

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8332b2cc-eb1f-49f2-b0b9-79779f6366c2

FAQ

What is the new partnership announced by Winvest Group ?

Winvest Group has announced a new partnership with Pavo Communications to develop a platform integrating telecommunications, e-commerce, and financial services.

What is the stock symbol for Winvest Group ?

The stock symbol for Winvest Group is WNLV.

When was the partnership between Winvest and PAVOCOMMS announced?

The partnership was announced on July 08, 2024.

What is Viesta?

Viesta is a platform developed through the partnership where users can purchase data plans and shop within an e-commerce marketplace.

How will users benefit from the Viesta platform?

Users will benefit from flexible global connectivity, the ability to use surplus airtime and rewards within the e-commerce marketplace, and a seamless shopping experience.

What is the potential impact of the Winvest-PAVOCOMMS partnership?

The partnership is expected to diversify and innovate Winvest's technology portfolio, contribute to the company's growth, and support future IPO plans.