Value Exchange International, Inc. Acquires TapServices, Inc. in Philippines as part of Strategic
Value Exchange International, Inc. Acquires TapServices, Inc. in Philippines as part of Strategic Growth Plan
Value Exchange International, announced today completion of all conditions to the acquisition of TapServices, Inc., a private information technology (“IT”) solutions provider in Philippines, (“TSI”). The acquisition of TSI is part of VEII’s strategic plan to expand VEII IT solutions business beyond its traditional base in Hong Kong and adjacent parts of China.
TSI’s core market is the Manila region. TSI has the same retail Point of Sale system end user focus as VEII. TSI’s highly complementary IT solutions business expands the geographic market of VEII enhances VEII top line growth rates and provides a new revenue source for VEII.