WEBUY GLOBAL LTD. Expands Second Collaboration with CTG MICE Service Company Limited on AI Travel Devices

Rhea-AI Summary

WEBUY GLOBAL LTD (Nasdaq: WBUY) expanded its collaboration with CTG MICE Service Company Limited, a subsidiary of China Tourism Group, to support planned deployment of its AI-powered smart travel guide devices across major museums and cultural attractions in China.

The release cites China tourism scale: 5.62 billion domestic trips, 131.9 million inbound visitors in 2024, and RMB 5.75 trillion (≈US$790 billion) domestic tourism spending. The device features an 8,000mAh battery, push-to-talk with wired headset, voiceprint recognition with near-field audio, an open AI operating system, and connection to the company’s proprietary travel database via the MCP protocol to deliver personalized, itinerary-aware guidance. Management framed the collaboration as a foundation for scalable deployment across China’s museums and A-level attractions.

Argus Jan 12 session

-1.52% close to close Open Argus

Details

News Market Reaction – WBUY

In the Jan 12 session, WBUY declined 1.52%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement extends Webuy’s push into AI-driven travel services, highlighting deployment of sm...

Analysis

This announcement extends Webuy’s push into AI-driven travel services, highlighting deployment of smart guide devices across China’s large tourism base, which saw 5.62 billion domestic trips and RMB 5.75 trillion in spending in 2024. It builds on earlier moves to grow travel tech and cross-border services. Filings also show prior equity raises and significant authorized share capacity, which add dilution and execution risk. Investors may watch adoption rates, device usage metrics, and subsequent monetization disclosures for this AI platform.

Key Figures

China domestic trips: 5.62 billion trips Inbound visitors: 131.9 million visitors Domestic tourism spending: RMB 5.75 trillion (US$790 billion) +5 more

China domestic trips

5.62 billion trips

China tourism market 2024 domestic travel volume

Inbound visitors

131.9 million visitors

China inbound tourism 2024

Domestic tourism spending

RMB 5.75 trillion (US$790 billion)

China domestic tourism spending 2024

Licensed tour guides

660,000 guides

China tourism market structure 2024

Museums & attractions

16,000+ sites

China museums and A-level tourist attractions

Battery capacity

8,000mAh

AI smart travel guide device battery for all-day use

Planned raise size

US$10 million

Best-efforts follow-on offering maximum from POS AM F-1 amendment

Net proceeds estimate

$9.1 million

Estimated net proceeds from planned follow-on offering

Historical Context

5 past events · Latest: Dec 16

5 events

1. Dec 16

   Travel expansion

   24h Move

   +0.6%

   Opened new Surabaya travel retail outlet with strong Indonesia sales growth.

2. Dec 08

   Education partnership

   24h Move

   +106.1%

   Cross-border education and cultural exchange collaboration with WITSTAR Group.

3. Aug 01

   Follow-on closing

   24h Move

   +0.9%

   Closed follow-on offering of shares and pre-funded warrants, raising capital.

4. Jul 31

   Follow-on pricing

   24h Move

   -16.6%

   Priced follow-on equity and pre-funded warrants, signaling shareholder dilution.

5. Jul 23

   Crypto partnership

   24h Move

   -0.9%

   Stablecoin payment partnership with Victory Securities for travel transactions.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

ai-powered, voiceprint recognition, operating system, pre-funded warrants, +3 more

7 terms

ai-powered technical

"expanded collaboration ... to support the planned deployment of its AI-powered smart travel guide devices"

"AI-powered" describes technology that uses artificial intelligence to perform tasks, make decisions, or analyze information automatically. It’s similar to having a highly skilled assistant that can learn from data, recognize patterns, and improve over time, helping to make processes faster and more accurate. For investors, this means better insights and more efficient operations, potentially leading to smarter investment choices.

voiceprint recognition technical

"and advanced voiceprint recognition with near-field audio capture to ensure accurate communication"

A security technology that analyzes the unique qualities of a person’s voice—such as pitch, tone and speech patterns—to verify identity, similar to using a fingerprint but with sound. For investors, it matters because adoption can reduce fraud and customer friction, create new product or service advantages, and introduce regulatory, privacy and liability risks that can affect costs, reputation and revenue growth.

operating system technical

"Powered by an open AI operating system and connected to the Company’s proprietary travel database"

An operating system is the core software that manages a computer or device’s hardware and runs applications, like a conductor coordinating musicians so each instrument plays at the right time. Investors care because the operating system shapes what apps and services can run, affects performance and security, and often creates a platform ecosystem that drives user adoption, recurring revenue, and competitive advantage.

pre-funded warrants financial

"and pre-funded warrants to purchase up to 100,000 Class A ordinary shares to institutional investors."

Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.

stablecoin financial

"to explore stablecoin payment initiatives. Victory Securities, established in 1971, is notably the first"

A stablecoin is a type of digital currency designed to keep its value steady, often by being backed by traditional assets like money or commodities. For investors, stablecoins offer a reliable way to move money quickly across digital platforms without the value fluctuations common with other cryptocurrencies, making them useful for saving, trading, or transferring funds with less risk of sudden losses.

form f-1 regulatory

"Post-Effective Amendment No. 1 to its previously effective Form F-1, converting the document into a"

A Form F-1 is the document a non-U.S. company files with U.S. regulators when it wants to sell stock or other securities to U.S. investors. It lays out the company’s business, finances, risks and how the offering will work, acting like a product manual and ingredient list so investors can judge what they’re buying. For investors, it’s a key source of verified information used to compare opportunities and assess potential reward and risk.

public float financial

"outstanding Class A shares will rise to 2,821,535, increasing the public float by c. 170%"

Public float is the total number of a company's shares that are available for trading by the general public. It excludes shares held by company insiders or large stakeholders who are unlikely to sell them easily. This figure helps investors understand how much of the company's stock is actively available, which can influence its liquidity and how easily its price might change.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Singapore, Jan. 12, 2026 (GLOBE NEWSWIRE) -- WEBUY GLOBAL LTD (Nasdaq: WBUY) (the “Company” or “Webuy”) today announced an expanded collaboration with CTG MICE Service Company Limited, a subsidiary of China Tourism Group, to support the planned deployment of its AI-powered smart travel guide devices across major museums and cultural attractions in China.

China is one of the world’s largest tourism markets. According to the Ministry of Culture and Tourism of the People’s Republic of China, China recorded approximately 5.62 billion domestic trips and received about 131.9 million inbound visitors in 2024, with domestic tourism spending reaching approximately RMB 5.75 trillion (approximately US$790 billion). With approximately 660,000 licensed tour guides and over 16,000 museums and A-level tourist attractions, the market presents a significant opportunity for scalable, technology-enabled travel guidance.

Designed for real-world travel environments, the Company’s AI smart travel guide device delivers a natural, hands-free experience. It features a high-capacity 8,000mAh battery for all-day use and portable charging, a dedicated push-to-talk button with wired headset for seamless interaction, and advanced voiceprint recognition with near-field audio capture to ensure accurate communication in crowded settings.

Powered by an open AI operating system and connected to the Company’s proprietary travel database via the MCP protocol, the device provides personalized, itinerary-aware guidance — answering questions such as where to go next, how to plan the day, and what to wear based on local weather — effectively acting as a personal AI tour guide throughout the journey.

“This collaboration lays the foundation for the deployment intelligent, scalable travel guidance across one of the world’s largest tourism ecosystems,” said Vincent Xue Bin, CEO of WEBUY GLOBAL LTD, “By combining dedicated AI hardware, proprietary travel intelligence, and strong institutional partnerships, we are positioning this platform for long-term adoption and growth.”

About WEBUY GLOBAL LTD

WEBUY GLOBAL LTD (Nasdaq: WBUY) is a technology-driven platform transforming social commerce and travel services across Southeast Asia. The Company provides curated travel experiences, cross-border tour services, and region-wide travel solutions for customers in Indonesia, Singapore, and international markets. Webuy is focused on building an integrated travel ecosystem powered by innovation, service quality, and regional partnerships.

For more information, visit www.webuy.global.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to read the risk factors contained in the Company’s final prospectus and other reports its files with the U.S. Securities and Exchange Commission (the “Commission”) before making any investment decisions regarding the Company’s securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

WEBUY GLOBAL LTD
Email: ir@webuy.global

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did WEBUY (WBUY) announce on January 12, 2026 about its China partnership?

WEBUY announced an expanded collaboration with CTG MICE Service to support planned deployment of its AI travel guide devices across major museums and cultural attractions in China.

How large is the China tourism market cited in the WBUY announcement for 2024?

The announcement cites 5.62 billion domestic trips, 131.9 million inbound visitors, and RMB 5.75 trillion (≈US$790 billion) in domestic tourism spending for 2024.

What are the key hardware features of WEBUY's AI travel guide device mentioned in the press release?

Key features include an 8,000mAh battery, push-to-talk button with wired headset, advanced voiceprint recognition with near-field audio, and portable charging.

How does WEBUY say its device personalizes guidance for travelers?

The device uses an open AI operating system connected to WEBUY’s proprietary travel database via the MCP protocol to provide personalized, itinerary-aware guidance such as next-stop suggestions and weather-based clothing advice.

Does the WBUY announcement specify commercial terms or deployment volumes for the China roll-out?

No specific commercial terms, contract values, or deployment volumes were disclosed in the announcement.

What is the investor significance of the expanded CTG MICE collaboration for WBUY (WBUY)?

The company positioned the collaboration as foundational for scalable adoption in a large tourism market, but the announcement did not provide binding contract values or quantified revenue impact.