Webuy Global Stock Price, News & Analysis

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.

Webuy Global (NASDAQ: WBUY) is facing delisting challenges from Nasdaq due to non-compliance with the $1.00 minimum bid price requirement. After receiving a delisting notice on January 22, 2025, and subsequent trading suspension on January 31, 2025, the company's shares moved to the OTC market.

To address this, Webuy has appealed the decision with a hearing scheduled for February 27, 2025. The company's shareholders approved a reverse stock split (1-for-10 to 1-for-40 ratio) at their December 2024 AGM, with the Board selecting a 1-for-40 ratio. The implementation awaits FINRA approval following the February 3, 2025 application.

Despite these challenges, Webuy raised $3.6 million through a registered direct offering in December 2024. The funds will support AI-driven initiatives, including enhancing their Travel Consultant, improving predictive analytics, and strengthening community engagement tools.

Webuy Global (WBUY) has received a Staff Delisting Determination from Nasdaq due to non-compliance with the Minimum Bid Price Rule, which requires maintaining a share price of at least $1.00. The company failed to meet this requirement during both the initial 180-day period ending July 25, 2024, and the extension period ending January 21, 2025.

Trading of WBUY's Class A ordinary shares will be suspended on January 29, 2025. The company plans to appeal by requesting a hearing before a Nasdaq Hearings Panel, which typically occurs 30-45 days after filing. Meanwhile, shares are expected to trade on OTC markets pending the Panel's decision.