Talk:Webull
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General Questions / Updates
[edit]![]() | This edit request by an editor with a conflict of interest has now been answered. |
Posting with a COI. Editor Community, please let me know if you have any questions after reviewing this. I’ve tried to familiarize myself with the guidelines and will follow them closely with any submissions going forward. Thank you. Abby5W (talk) 13:11, 12 March 2025 (UTC)
A: History Review / Updates
- Summary: Missing information around early company history, more details needed to support.
- Wang Anquan founded HFIT back in 2016, who then went on to develop Webull in 2017, with HFIT as the parent at the time. Wang hired Anthony Denier as CEO of the U.S. Webull brokerage that same year.
- Webull Financial LLC became a broker-dealer registered with the SEC, FINRA, and all U.S. states & territories in 2018, therefore becoming a licensed securities company in the United States. ****https://www.sec.gov/Archives/edgar/data/1866364/000121390024017777/ea0200860-425_webullcorp.htm
- Then in 2019, Webull Corporation became the parent company of all Webull Group entities. Then restructuring occurred in 2022, with HFIT moving outside of Webull Group. This made Webull Corporation the parent from then to present. (Aside: The box at the right-top is out of date. Does that autopopulate from the body text of the article or can it be edited independently?)
- Summary: Missing information around early company history, more details needed to support.
B: Intro Paragraph
- Summary: Missing information
- Along with what was shared in A, there are some basic updates to address and add in. For example, Webull Corporation is an American company (it’s headquartered in St. Petersburg, Florida). The corporation is referred to as ‘Webull’ oftentimes, and it offers a trading platform of the same name is available through app and desktop (Aside: Which is why it’s confusing as currently written on the page).
- Summary: Missing information
C: IPO Section Update
- Summary: Missing information, the August 2024 line needs to be reviewed.
- February 2024 announcement regarding Webull’s agreement to publicly list with SK Growth Opportunities Corp is missing.
- Summary: Missing information, the August 2024 line needs to be reviewed.
Abby5W (talk) 13:11, 12 March 2025 (UTC)
- Looks pretty basic, so I can work on this. The infobox will need to be edited separately, but I can do that as well. @Abby5W you should also add a COI notice to your userpage (where you explained that you were new to Wikipedia). --FeldBum (talk) 13:22, 12 March 2025 (UTC)
- OK, I think I got everything. It was a bit confusing, so let me know if I got it right @Abby5W
- A
- I think I got all of this in paragraph #2 of the lede (and I updated the infobox). Couple caveats and comments though.
- I don't love the SEC citations, but they are used elsewhere in the article, so leaving here while I look for better options
- The lede is getting a little heavy, so I'm gonna pare down and move some stuff to history.
- B
- I think I captured all of this in the first line.
- C
- I moved this to history since the lede is getting too long. PRNewswire isn't a good source, so I dropped that.
- -- FeldBum (talk) 04:11, 17 March 2025 (UTC)
- @FeldBum, thank you and sorry things were confusing. I’ll clarify by letter heading below, and adding a few more for review. Is there something specific I need to add to my userpage for COI? Posting this request with a COI. Abby5W (talk) 22:09, 17 March 2025 (UTC)
- A: Another reference for review of point 2: https://files.brokercheck.finra.org/firm/firm_289063.pdf
- C: Sorry, could you share why the PR Newswire isn’t a good source?
- Aside: For any historical moments shared in A, B, and C, could they be added to the History section? Examples below.
- Webull was founded in 2016 (not 2017) - Reference: https://finance.yahoo.com/news/online-brokerage-webull-targets-young-093000558.html
- Webull U.S. Brokerage beginnings in 2017 between Wang and Denier, they mapped out the initial platform strategy together on a napkin - Reference: https://www.bloomberg.com/news/articles/2020-12-08/robinhood-is-losing-thousands-of-day-traders-to-china-owned-webull
- The January 2018 Webull Financial LLC broker dealer status allowed Webull to become a licensed securities company in the US - Reference: https://www.yicaiglobal.com/news/xiaomi-fintech-unit-fumi-technology-closes-usd30-million-round-b-funding
- Aside: For any historical moments shared in A, B, and C, could they be added to the History section? Examples below.
- NEW
- D: Market Expansion Updates throughout History
- References/Updates:
- December 2020 - Hong Kong **https://markets.businessinsider.com/news/stocks/webull-has-officially-launched-its-trading-service-in-hong-kong-1029875737
- 2022 - Singapore, South Africa, Australia
- https://www.financemagnates.com/forex/webull-dives-into-indonesian-market-as-global-expansion-continues/ (Aside: Finance Magnates source under 2022 will mention most years and locations).
- https://www.thearmchairtrader.com/webull-expands-singapore-brokerage-offering-with-sgx-listed-retail-products/
- 2023 - Japan, Indonesia, and the UK
- 2024 - Canada, Brazil, Thailand, Mexico, Malaysia
- E: January 2021 Updates in History
- This happened 1/27/2021, and more accurate to say that it was “primarily” due to the events on that day why the uptick occurred. The app was downloaded across respective app stores ~100K times, and during the week collectively there was a 1,548% W0W download uptick. Then on 1/28/2021, the company was forced to temporarily halt buy orders for stocks affected.
- F: 2023 Updates in History
- During June of 2023, cryptocurrency trading was shifted to a separate app, Webull Pay. At EOY there were 4.3M funded accounts and $8.2B USD worth of customer assets.
- G: Early History Updates
- The line starting “In 2019, Webull’s U.S….” is an interview quote, which based on what I’ve read is first person versus an accepted source? Can this be removed, it’s mentioned twice (redundant).
- Abby5W (talk) 22:09, 17 March 2025 (UTC)
- Hi @Abby5W, going forward, I think it would be best to start a new Edit Request for a new requests, but I'll get to everything here.
- A. FINRA is in a similar category to SEC filings, so let's leave those citations as is for no.
- C. It's not that PRNewswire itself is bad, but that press releases themselves won't work, since they are not considered an indenpendent source. A company can say whatever it wants in a press release.
- D. Those seems pretty straightforward. I can add them to the history section.
- E. I see what you mean--and I was a miniscule part of that short squeeze (though not primarily on Webull, so I don't think I have any COI here). Let me dig in a bit more and I'll rewrite it.
- F. That makes sense. I'll add it.
- G. We can't use interviews as a citation to prove the company did something, but they do work as proof for a quote for a company executive, especially a CEO. I definitely don't think we need the quote twice, and I really don't think this interview is part of the history of Webull, so I'll remove it here.
- --FeldBum (talk) 01:01, 21 March 2025 (UTC)
- OK, I think I got everything @Abby5W. The history section subheaders don't make much sense; the first one goes to 2019, and the second starts at 2021. I'm going to change to early history and the 2020s, unless there is some better way to break things up.--FeldBum (talk) 03:05, 24 March 2025 (UTC)
- @FeldBum, I will answer here with responses and then post a new topic as you mentioned for additional requests.
- For B - Could offerings like commission-free and low-cost trading of stocks, EFTs, etc. be added in following the line that ends “and through desktop” be added to intro paragraph?
- For D - does it also make sense to add a summary of the locations under Userbase? In that section, could you also clarify the existing language to mention as of February 2024 there were 20 million users (reference 45 should mention, but here is another: https://financefeeds.com/webull-reports-100-aum-growth-in-apac-region/)
- For E - G: Thank you for reviewing and considering what is possible. Posting this request with a COI. Abby5W (talk) 21:44, 24 March 2025 (UTC)
- @FeldBum Thank you for considering the requests. I noticed B and D weren’t addressed yet. Are you still interested in reviewing those? Abby5W (talk) 18:54, 9 April 2025 (UTC)
- Sorry @Abby5W, totally missed those. I'll take a look now. --FeldBum (talk) 15:18, 10 April 2025 (UTC)
- Hi @Abby5W, I added in D, but I looked back and this language wasn't in B originally. If I understand correctly, you just want an explanation of what Webull offers in the lede, like commission-free trading and cryptocurrency wallets, etc? Something like "The Webull platform offers commission-free and low-cost trading of stocks, exchange traded funds (ETFs), options, margins, fixed income, cryptocurrency and futures." --FeldBum (talk) 15:50, 16 April 2025 (UTC)
- @FeldBum Sorry, I missed this notification. Yes, what was added makes sense for both. Thank you. Abby5W (talk) 11:10, 28 April 2025 (UTC)
- Hi @Abby5W, I added in D, but I looked back and this language wasn't in B originally. If I understand correctly, you just want an explanation of what Webull offers in the lede, like commission-free trading and cryptocurrency wallets, etc? Something like "The Webull platform offers commission-free and low-cost trading of stocks, exchange traded funds (ETFs), options, margins, fixed income, cryptocurrency and futures." --FeldBum (talk) 15:50, 16 April 2025 (UTC)
- Sorry @Abby5W, totally missed those. I'll take a look now. --FeldBum (talk) 15:18, 10 April 2025 (UTC)
- @FeldBum Thank you for considering the requests. I noticed B and D weren’t addressed yet. Are you still interested in reviewing those? Abby5W (talk) 18:54, 9 April 2025 (UTC)
- OK, I think I got everything @Abby5W. The history section subheaders don't make much sense; the first one goes to 2019, and the second starts at 2021. I'm going to change to early history and the 2020s, unless there is some better way to break things up.--FeldBum (talk) 03:05, 24 March 2025 (UTC)
Additional Questions & Updates
[edit]![]() | Part of an edit requested by an editor with a conflict of interest has been implemented. |
Updated using the Edit Request template - apologies @CNMall41, I’m new to the process and appreciate the guidance. Continuing the previous request process using sequential letter headers to not confuse with the additional list below. Let me know if there are questions. @FeldBum notified you in case you are still interested in this article. Thanks editors for considering. Posting with a COI - Abby5W (talk) 22:01, 24 March 2025 (UTC) Updated Abby5W (talk) 12:11, 26 March 2025 (UTC)
H: 2024 Updates in History
- For the line added re: Wang’s hiring of Denier as CEO, can it be clarified that it was for the Webull U.S. brokerage? (Reference: current source 6)
- In 2024, Anthony Denier was promoted to Group President of Webull Corporation and Webull launched overnight trading, which expanded the trading windows of U.S. stocks for users globally.
- https://www.tradersmagazine.com/featured_articles/on-the-move-firstrade-appoints-don-montanaro-webull-promotes-anthony-denier/
- https://www.tradersmagazine.com/departments/brokerage/webull-launches-24-5-trading/
I: Updates in 2024 Probe section
- When the Indiana inquiry was initiated, the company responded with additional details about brokerage operations, customer information storage, and access. Could additional historical context be added here? I could provide draft language for consideration, if appropriate, something sharing Denier’s statement in response to the April 2024 initiated inquiry?
- https://finance.yahoo.com/news/online-brokerage-webull-targets-young-093000558.html
J: Intro Paragraph
- Summary: Remove final two sentences or consideration of moving them to a more appropriate section - Is this possible? First line of the two starts “Webull has…”
K: 2024 Updates re: Sports Deals
- The deal was not with the teams themselves, rather it was made with the parent company of both teams, BSE Global. Additionally, the jersey patch partner element impacted both teams, not just the Nets.
- https://www.netsdaily.com/2021/9/27/22695196/nets-sign-monster-jersey-patch-deal-with-webull-the-online-trading-app
- https://www.sportspro.com/news/brooklyn-nets-nba-webull-new-york-liberty-wnba-jersey-patch-sponsorship/
Abby5W (talk) 22:01, 24 March 2025 (UTC)
- @Abby5W:, not how this works. You will need to post an edit request template. Pinging a single editor can be seen as canvassing. --CNMall41 (talk) 01:03, 25 March 2025 (UTC)
- Hey @Abby5W, thanks for making a new section and request here, as I and @CNMall41 requested. I got started and made some edits based on H and I. With the K edits, I'm think about maybe putting back the Sports deals and IPO negotiations section after the 2020s section, as that one is getting a little long. I'll decide after I or another editor finished the request. --FeldBum (talk) 14:47, 31 March 2025 (UTC)
- Hey again @Abby5W I did K, but I'm not sure about J. Let me look at some analogs. --FeldBum (talk) 22:19, 1 April 2025 (UTC)
- Hi @FeldBum thank you for reviewing. Editors, let me know if anything else needs to be provided (references, context) as J is considered. Abby5W (talk) 19:25, 9 April 2025 (UTC)
- I looked at some other similar pages and I think they support the move, so I moved the line. --FeldBum (talk) 13:28, 29 April 2025 (UTC)
- Hi @FeldBum thank you for reviewing. Editors, let me know if anything else needs to be provided (references, context) as J is considered. Abby5W (talk) 19:25, 9 April 2025 (UTC)
- Hey again @Abby5W I did K, but I'm not sure about J. Let me look at some analogs. --FeldBum (talk) 22:19, 1 April 2025 (UTC)
Partly done: I believe? Valorrr (lets chat) 23:14, 16 May 2025 (UTC)
Short description
[edit]I changed the short description to "U.S. financial services company" to keep the description under 40 characters. 🌊PacificDepthstalk|contrib 07:57, 22 April 2025 (UTC)
Sports Deal Update
[edit]![]() | This edit request by an editor with a conflict of interest has now been answered. |
Hi editors, posting an update for consideration. Let me know if there are questions. Thank you for reviewing. Posting with a COI - Abby5W (talk) 11:11, 28 April 2025 (UTC)
- Under the Sports deals and IPO negotiations section, could the following update be added: In April 2025, Webull announced its 2025 season partnership with the Tampa Bay Rays and the Tampa Bay Rowdies. The partnership will include various community initiatives such as hurricane relief fundraisers, financial literacy events with local schools, and volunteering efforts.
- Reference: https://www.tipranks.com/news/the-fly/webull-corp-announces-partnership-with-tampa-bay-rays-rowdies
Abby5W (talk) 11:11, 28 April 2025 (UTC)
- I can add this. Feel free to tag me if you want in future requests. --FeldBum (talk) 13:00, 29 April 2025 (UTC)
- Done, with some small edits. --FeldBum (talk) 13:27, 29 April 2025 (UTC)
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