Welcome to our dedicated page for Webuy Global news (Ticker: WBUY), a resource for investors and traders seeking the latest updates and insights on Webuy Global stock.
Webuy Global Ltd (NASDAQ: WBUY) operates a community-driven e-commerce and travel platform across Southeast Asia, combining group purchasing power with AI-driven innovations. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Investors and analysts will find timely updates on earnings reports, partnership agreements, and technological advancements like the AI Travel Consultant tool. Media professionals can track expansion initiatives into insurance referrals and curated gift sets while maintaining visibility into supply chain optimizations.
The repository includes press releases covering operational milestones, leadership updates, and market positioning strategies. All content undergoes strict verification to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for direct access to Webuy Global's latest developments in AI-powered retail solutions and community engagement models. Regular updates provide critical insights into the company's progress in redefining Southeast Asia's digital commerce landscape.
WEBUY GLOBAL (NASDAQ:WBUY), a Southeast Asian community e-commerce and travel technology company, has completed a follow-on offering. The offering consisted of 721,918 Class A ordinary shares and pre-funded warrants to purchase up to 100,000 Class A ordinary shares to institutional investors.
The offering generated approximately $3 million in gross proceeds before deducting fees and expenses. D. Boral Capital LLC served as the exclusive placement agent, with legal representation from Ortoli Rosenstatdt LLP for WEBUY and Hunter Taubman Fischer & Li LLC for the placement agent.
WEBUY GLOBAL (NASDAQ:WBUY), a Southeast Asian community e-commerce and travel technology company, has announced a follow-on offering of 721,918 Class A ordinary shares at $3.65 per share and 100,000 pre-funded warrants at $3.6499 each.
The offering, managed by D. Boral Capital LLC as exclusive placement agent, is expected to close around August 1, 2025. The securities are being offered through an effective registration statement on Form F-1, with multiple post-effective amendments filed and declared effective by the SEC.
WEBUY GLOBAL LTD. (Nasdaq: WBUY), a Southeast Asian e-commerce and travel tech company, has announced a strategic partnership with Victory Securities (8540.HK) to explore stablecoin payment initiatives. Victory Securities, established in 1971, is notably the first licensed firm in Hong Kong authorized to provide virtual asset services to retail investors.
The collaboration aims to integrate stablecoin-based payment infrastructure, focusing on trusted stablecoins like USDC and USDT. This initiative will position Webuy as a pioneer among Nasdaq-listed Southeast Asian e-commerce platforms in supporting stablecoin payments, enabling faster cross-border transactions for global travelers and suppliers.
Webuy Global Ltd. (Nasdaq: WBUY) has unveiled its innovative AI Travel Assistant, a lightweight 30-gram wearable device powered by DeepSeek's V3 AI model. The device offers real-time translation across 21 languages and integrates with Webuy's proprietary SkyBear ERP platform for enhanced travel experiences.
The company has formed a strategic partnership with China Tourism Group to establish an AI-driven service ecosystem. Built on Espressif's ESP32-C chip, the device features 5G and WiFi connectivity. Future developments will include camera functionality and IoT sensors to create a comprehensive AI travel ecosystem.
Webuy Global Ltd (NASDAQ:WBUY), a Southeast Asian e-commerce and travel technology company, has announced the integration of Coinbase Commerce into its platform. This strategic integration enables customers to use cryptocurrencies, including USDC stablecoin, for purchasing travel packages and products.
Through this integration, travelers from the U.S., Europe, and other markets can use digital assets to purchase China-bound tour packages, Southeast Asia getaways, and local experiences. The new payment capability is particularly significant for Webuy's travel brand WeTrip, which serves customers across more than 180 countries.
According to CEO Bin Xue, the stablecoin payment feature eliminates cross-border payment friction and reduces FX risks while bypassing costly intermediary banking processes. This development is part of Webuy's broader digital transformation strategy, which includes AI-driven itinerary planning, wallet innovation, and data-centric customer engagement.
Webuy Global Ltd. (NASDAQ:WBUY) has signed a strategic Memorandum of Understanding (MOU) with CTG MICE Service Company Limited, a subsidiary of China's largest state-owned tourism enterprise. The partnership aims to facilitate the annual arrival of at least 20,000 Chinese inbound travelers to China.
Through Webuy's travel vertical WeTrip, the collaboration will provide AI-powered itinerary planning, VIP customs clearance, and premium hospitality services. CTG Travel will serve as WeTrip's exclusive inbound travel service provider in China, offering visa facilitation, conference support, and exclusive access to heritage sites.
Webuy Global Ltd. (Nasdaq: WBUY), a technology-driven e-commerce and travel platform, has been recognized in the Financial Times and Statista's "High-Growth Companies Asia-Pacific 2025" list. The prestigious ranking features 500 companies from 13 markets that demonstrated exceptional compound annual revenue growth between 2020 and 2023.
Singapore leads the region in total entries, with top-ranked sectors including IT and software, financial services, and consumer platforms. CEO Bin Xue highlighted the company's focus on innovation, operational excellence, and customer-centric growth in building Southeast Asia's leading AI-powered e-commerce and travel ecosystem.
Webuy Global Ltd. (Nasdaq: WBUY), a leading Southeast Asian community e-commerce and travel platform, has appointed Heng Wee Koon as Independent Director and Chair of the Compensation Committee. Mr. Heng brings over 25 years of leadership experience in mergers and acquisitions, financial advisory, and corporate governance.
Currently serving as Lead Independent Director at Hyphens Pharma International Ltd., Mr. Heng's board leadership contributed to the company winning the Singapore Corporate Awards - Best Managed Board Gold Award 2024. His credentials include previous partnership at KPMG Advisory LLP, founding of Acelyr M&A and Acelyr Advisory, along with an Honours BBA, MBA, and CFA charter.
Webuy Global Ltd. (WBUY) has successfully regained its listing on the Nasdaq Capital Market effective May 8, 2025, after meeting the minimum bid price requirement through reverse stock splits and a successful appeal. The company reported significant growth in its travel vertical, with travel bookings at the NATAS Fair in Singapore reaching US$2.6 million, a 45% year-over-year increase. In Indonesia, Q1 2025 travel revenue surged to US$1.25 million, marking a remarkable 2,160% growth from US$55,000 in Q1 2024. The company achieved its first group-level profit in Q4 2024 and plans to focus on scaling high-margin verticals and enhancing its AI-powered technology platform across Southeast Asia.
Webuy Global (WBUY) has reported its FY2024 results, marking a significant milestone by achieving its first-ever quarterly profit in Q4 2024. The technology-driven community e-commerce and travel platform generated annual revenue of $58.3 million, maintaining stable performance across core verticals.
Key achievements include a 30% reduction in operating expenses through tighter cost control measures and the completion of a 1-for-120 reverse stock split in April 2025, positioning the company for potential Nasdaq relisting. The company has also implemented AI-driven tools across operations to enhance customer experience and scalability.
The shift toward higher-margin verticals, leaner operations, and strategic cost management contributed to the company's breakthrough profitability in Q4 2024. Webuy has focused on streamlining its cost base while redeploying resources toward scalable businesses such as travel.