Wanshun to go public via a merger with AlphaVest Acquisition in a $300m deal.

Wanshun, a ride hailing services marketplace, agreed to go public via a merger with AlphaVest Acquisition, a special purpose acquisition company, in a $300m deal. “AlphaVest recognizes the significant opportunity within Wanshun’s distinctive business model and recent launches of new growth initiatives, which created a vibrant synergy within its business ecosystem. We are excited to have Wanshun for this business merger and look forward very much to consummating this transaction. We believe that, with the value proposition that AlphaVest brings into this transaction, Wanshun will have the ability to amplify its growth plans and create significant value for stockholders over time,” David Yan, AlphaVest Acquisition CEO.