Webuy Global Ltd. (Nasdaq: WBUY) Reinstated Listing on Nasdaq Capital Market and Returns to Profitability with Strong First Quarter Growth in Travel

Rhea-AI Summary

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.

Positive

• Successfully reinstated on Nasdaq Capital Market after regaining compliance
• Achieved first-ever group-level profit in Q4 2024
• Travel bookings at NATAS Fair reached US$2.6M, up 45% YoY
• Indonesia travel revenue grew 2,160% YoY to US$1.25M in Q1 2025

Negative

• Required reverse stock splits to meet Nasdaq minimum bid price requirement
• Needed to appeal before Nasdaq Hearing Panel to maintain listing

Insights

Financial Analyst

Webuy regains Nasdaq listing while achieving profitability and explosive growth in travel (2,160% YoY in Indonesia), marking significant operational turnaround.

Webuy Global's reinstatement on Nasdaq represents a critical regulatory milestone that addresses a fundamental investor concern. After implementing recovery strategies including reverse stock splits and successfully appealing to the Nasdaq Hearing Panel, the company has overcome a significant hurdle that threatened its market visibility and access to capital.

The financial turnaround is equally noteworthy, with the company reporting its first-ever group-level profit in Q4 2024 – a crucial inflection point for a business that previously operated at a loss. This transition to profitability appears to be continuing into 2025, though specific overall profit figures or margins aren't provided.

The travel vertical has emerged as the standout growth driver. In Indonesia, travel revenue exploded from just $55,000 in Q1 2024 to $1.25 million in Q1 2025 – an extraordinary 2,160% year-over-year increase. At Singapore's NATAS travel fair, bookings reached $2.6 million, up 45% from the previous year. These metrics suggest Webuy is successfully diversifying beyond traditional e-commerce into potentially higher-margin travel services.

While the impressive growth in travel is clear, the press release lacks comprehensive financial data such as overall revenue, profit margins, or cash flow figures. This selective disclosure makes it difficult to fully assess the company's financial health beyond the highlighted segments. The mention of their "AI-powered travel platform" indicates technological investment in this growing vertical, though specific capabilities aren't detailed.

The combination of regulatory compliance, achieved profitability, and exceptional vertical growth creates a potentially compelling turnaround story in the competitive Southeast Asian e-commerce and travel markets.

Singapore, May 08, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY), a forward-thinking, technology-driven e-commerce and travel platform in Southeast Asia, today announced that the Company has been successfully reinstated on the Nasdaq Capital Market (“Nasdaq”), effective May 8, 2025. The relisting follows confirmation from Nasdaq that the Company has regained compliance with the minimum bid price requirement under Rule 5550(a)(2).

Webuy’s return to Nasdaq  is a pivotal milestone in its broader turnaround. After implementing a comprehensive recovery strategy, which included reverse stock splits and a successful appeal before the Nasdaq Hearing Panel , the company has regained full compliance. This achievement underscores Webuy’s continued operational momentum and hopes to lead to renewed investor confidence in its growth as a public company.

Furthermore, the Company experienced robust growth in the first quarter of 2025, fueled by the sustained and accelerating expansion of its travel vertical. At the March 2025 NATAS Fair in Singapore, which is one of the region’s largest and most influential consumer travel exhibitions organized by the National Association of Travel Agents Singapore, Webuy recorded over US$2.6 million in travel bookings, a 45% increase compared to the same period last year. In Indonesia, the Company’s travel business achieved approximately US$1.25 million in revenue in the first quarter of 2025, compared to just US$55,000 in the first quarter of 2024 — marking an exceptional year-over-year growth of more than 2,160%. Collectively, these results demonstrate the potency of Webuy’s AI-powered travel platform and localized engagement model, while attesting to the brand’s expanding resonance and credibility throughout Southeast Asia.

“We are thrilled to be back on Nasdaq and to demonstrate meaningful progress with our profitability and sustained business momentum,” said Vincent Xue Bin, Chief Executive Officer and Co-Founder of Webuy. “Our first-ever group-level profit in the fourth quarter of 2024 was a turning point, and we are now building on that success with strong first quarter results. The path forward is clear — we are focused on scaling high-margin verticals, enhancing our technology platform, and driving long-term value for our shareholders.”

Leveraging its successful Nasdaq relisting and confirmed financial recovery, Webuy intends to accelerate its strategic initiatives across Southeast Asia. The Company will further scale AI-driven e-commerce tools and travel ecosystem through deeper community engagement, while upholding disciplined cost management and operational scalability.

About Webuy Global Ltd.
Webuy Global Ltd. is a technology-driven company transforming community e-commerce and travel across Southeast Asia. The Company enhances its group-buy model with predictive AI, personalized recommendations, and community-led engagement, while its travel vertical delivers curated itineraries and real-time support through its proprietary AI Travel Consultant. Webuy is committed to delivering high-quality, affordable products and travel services that improve the lives of millions across the region. For more information, visit www.webuysg.com/Investor.

Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected due to various factors, including operational execution, market dynamics, and regulatory requirements. Webuy Global Ltd. undertakes no obligation to update any forward-looking statements, except as required by law.

Webuy Global Ltd.
Email: ir@webuy.global

FAQ

Why was Webuy Global (WBUY) reinstated on Nasdaq?

Webuy Global was reinstated on Nasdaq Capital Market on May 8, 2025, after regaining compliance with the minimum bid price requirement through reverse stock splits and a successful appeal before the Nasdaq Hearing Panel.

What was Webuy Global's (WBUY) travel revenue growth in Indonesia for Q1 2025?

Webuy's travel revenue in Indonesia grew by 2,160% year-over-year, reaching US$1.25 million in Q1 2025 compared to US$55,000 in Q1 2024.

How much did Webuy Global (WBUY) generate in travel bookings at the NATAS Fair?

Webuy recorded over US$2.6 million in travel bookings at the March 2025 NATAS Fair in Singapore, representing a 45% increase compared to the previous year.

When did Webuy Global (WBUY) achieve its first group-level profit?

Webuy Global achieved its first-ever group-level profit in the fourth quarter of 2024.

What are Webuy Global's (WBUY) future strategic plans?

Webuy plans to accelerate strategic initiatives across Southeast Asia by scaling AI-driven e-commerce tools and travel ecosystem through deeper community engagement, while maintaining disciplined cost management.