There is huge potential in the %GlobalPayroll and HR solutions and services market, with growth projected to reach $50.4 billion by 2030.
Southeast Asian countries represent a major global hub for manufacturing and trade, as well as one of the fastest-growing consumer markets in the world. This company is revolutionizing the way corporations manage their workforce by simplifying HR processes and streamlining payroll processes through its innovative cloud-based software management tools, enhancing workforce efficiency and just signed an agreement to a Vietnam-based provider. %GoLogiq (OTC: $GOLQ) is a U.S.-based global provider of fintech and consumer data analytics. The firm announced in a press release today that it has signed a definitive agreement to acquire %Symplefy , a provider of innovative payroll and end-to-end human resource (HR) management solutions based in Ho Chi Minh City, Vietnam. The all-stock transaction is valued at up to $30 million, dependent on performance-based earnouts.
Focused on businesses in the fast-growing economies of Southeast Asia, Symplefy looks to revolutionize the way corporations manage their workforce by simplifying HR processes and streamlining payroll processes through its innovative cloud-based software management tools, enhancing workforce efficiency and simplifying complex regulatory compliance.
Shares were trading at $0.72 in morning activity.