Press release content from Globe Newswire. The AP news staff was not involved in its creation. ZW Data Action Technologies Invests in SaaS Software Operator Weiyouxin Technology ZW Data Action Technologies Inc.January 21, 2021 GMT BEIJING, Jan. 21, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) (“ZW Data” or the “Company”), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced investment in private domain SaaS software operation service provider Weiyouxin Technology (“Weiyouxin”). More information can be found on the website: http://www.gd-weiyouxin.com/. ZW Data and Weiyouxin strive to provide WeChat-based social CRM operating tools to empower large brand name merchants to build digital marketing platforms. As the pandemic continues to impact business operations and hit offline stores, digital marketing platforms provide solutions to corporations by attracting WeChat private domain traffic and building live broadcast platforms. We expect to serve multinationals such as Dell Group, large state-owned enterprises such as China Unicom, new energy vehicle manufacturers such as Tianji Automobile and other large brand name companies.