WEBUY GLOBAL LTD. Nearly Doubles First-Half 2026 Revenue to US$14.3 Million as Gross Profit Increases 132%
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Rhea-AI Summary
Webuy Global (WBUY) reported US$14.31 million in revenue from continuing operations for the first half of 2026.
Revenue rose 94.4% from US$7.36 million a year earlier. Gross profit rose 131.7% to US$1.83 million from US$0.79 million, and gross margin reached 12.77% versus 10.71%. Total net loss narrowed 56.8% to US$3.32 million from US$7.69 million. Following its exit from grocery operations, packaged tours generated all continuing-operations revenue. Comparative figures reclassify the Singapore grocery business as discontinued operations.
Packaged-tour revenue grew 106.8% in Singapore and 106.9% in Indonesia. Webuy plans China inbound travel offerings through WeTrip and further AI-enabled operations. Preliminary, unaudited bookings at Singapore's August NATAS Travel Fair were approximately US$4.76 million, approximately 42% above the March event. Bookings are not recognized revenue and may change or be canceled.
Positive
- Revenue from continuing operations rose 94.4% to US$14.31 million from US$7.36 million.
- Gross profit rose 131.7% to US$1.83 million from US$0.79 million.
- Gross margin increased to 12.77% from 10.71% a year earlier.
- Total net loss narrowed 56.8% to US$3.32 million from US$7.69 million.
- Packaged-tour revenue grew 106.8% in Singapore and 106.9% in Indonesia.
- Preliminary, unaudited NATAS bookings were approximately US$4.76 million, approximately 42% above the March event.
- Webuy plans China inbound travel offerings through WeTrip, including private and customized journeys.
- Webuy plans further AI-enabled tools for sales, itinerary planning, quotations and customer service.
Negative
- Total net loss remained US$3.32 million in the first half of 2026.
- Travel bookings are not recognized revenue and may be canceled, modified or otherwise adjusted.
Details
Market move: WBUY +8.16% in the Sep 28 session. H1 2026 earnings report
On Sep 28, the day this news came out, WBUY closed 8.16% above the previous close. Argus tracked a peak move of +48.5% during that session. Argus tracked a trough of -14.2% from its starting point during tracking. Our momentum scanner recorded 77 alerts for this stock that day. That session’s volume was 17.7x the stock’s average daily volume.
Data tracked by StockTitan Argus for the Sep 28 session.
Key Figures
- Revenue from continuing operations
- US$14.31 million; +94.4% year-over-year
- Six months ended June 30, 2026; unaudited
- Gross profit
- US$1.83 million; +131.7%
- Six months ended June 30, 2026; unaudited
- Gross profit margin
- 12.77% vs. 10.71%; +206 bps
- H1 2026 vs. H1 2025
- Total net loss
- US$3.32 million; narrowed 56.8%
- H1 2026; H1 2025 net loss was US$7.69 million
Key Terms
continuing operations financial
discontinued operations financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Strategic Shift from Grocery to Travel Supports Higher Revenue and Gross Margin; Total Net Loss Narrows
Singapore, Sept. 28, 2026 (GLOBE NEWSWIRE) -- WEBUY GLOBAL LTD. (Nasdaq: WBUY) (“Webuy” or the “Company”), a technology-enabled travel services company, today announced its unaudited financial results for the six months ended June 30, 2026.
Revenue from continuing operations increased
Following the Company's exit from its grocery operations, packaged tours accounted for all revenue from continuing operations for the six months ended June 30, 2026.
First-Half 2026 Financial Highlights
| US$ million, except margins | H1 2026 | H1 2025 | YoY Change |
| Revenue from Continuing Operations | 14.31 | 7.36 | + |
| Gross Profit | 1.83 | 0.79 | + |
| Gross Margin | +206 bps | ||
| Total Net Loss | (3.32) | (7.69) | Narrowed |
Unaudited results. Comparative figures reflect the reclassification of the Singapore grocery business as discontinued operations.
Packaged-tour revenue increased
Management Commentary
Vincent Xue Bin, Chief Executive Officer and Co-Founder of Webuy, commented:
“When we made the strategic decision to exit grocery e-commerce and focus on travel, our objective was to build a business with stronger growth potential, improved margins and greater scalability.”
“Our first-half results provide clear financial evidence that our strategic transformation is gaining traction. Revenue nearly doubled, gross profit grew even faster, gross margin expanded and net loss narrowed substantially. These improvements reinforce our confidence in the direction of our travel-focused strategy.”
“We are now advancing our next phase of development, with a focus on China inbound tourism, higher-value private and customized journeys and AI-enabled operations. As we continue developing and integrating AI-enabled tools across sales, itinerary planning, quotation, supplier coordination and customer service, we aim to improve operating efficiency and build a more scalable travel operating model.”
“Our objective is to continue developing a scalable, technology-enabled travel operating platform capable of serving international markets and delivering personalized travel experiences.”
China Inbound Travel Strategy
Webuy is positioning China inbound travel as a key component of its next phase of development through WeTrip, its international China travel platform.
The Company sees opportunities to serve overseas visitors seeking professionally coordinated China travel experiences, including private and customized journeys.
Through WeTrip, the Company intends to develop offerings designed to address aspects of China travel including itinerary planning, language assistance, transportation coordination and on-trip support. The Company also plans to continue integrating AI-enabled capabilities into sales, itinerary planning, quotation and customer service processes with the objective of standardizing traditionally labor-intensive workflows, improving operating efficiency and supporting the scalability of customized travel services.
Second-Half 2026 Business Update
Following the end of the reporting period, the Company reported additional booking activity at the August 2026 NATAS Travel Fair in Singapore. As previously announced, the Company recorded approximately US
Travel bookings represent the gross value of travel products reserved and do not constitute recognized revenue. Such bookings may be subject to cancellation, modification or other adjustments and should not be viewed as an indication of revenue that will ultimately be recognized.
The Company continues to focus on operating efficiency, capital allocation and strategic investment in the development of its travel business.
About WEBUY GLOBAL LTD
WEBUY GLOBAL LTD. (Nasdaq: WBUY) is a technology-enabled travel services company operating across Southeast Asia. The Company provides curated leisure travel experiences, cross-border tour services, premium travel offerings, customized travel solutions, and region-wide travel-related services for customers in Indonesia, Singapore, and international markets. Webuy is focused on developing an integrated travel platform incorporating AI, service excellence, and strong regional supplier relationships and operating capabilities.
For more information, visit www.webuy.global.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including statements regarding expected growth of the Company’s travel and premium travel segments, the scalability of its technology-enabled travel model, future investment in AI capabilities and travel supply partnerships, and the Company’s ability to translate booking momentum into sustainable growth and long-term shareholder value. 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 “approximately,” “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 investors that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from anticipated results, and encourages investors to read the risk factors contained in the Company’s final prospectus and other reports it 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.
Investor & Media Contact WEBUY GLOBAL LTD Email: ir@webuy.global
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were Webuy Global's revenue and gross margin in the first half of 2026?
Revenue from continuing operations was US$14.31 million, up 94.4% from US$7.36 million a year earlier. Gross margin was 12.77%, compared with 10.71% in the first half of 2025.
How much did Webuy Global book at the August 2026 NATAS Travel Fair, and is it revenue?
Webuy recorded approximately US$4.76 million in preliminary, unaudited travel bookings, approximately 42% above the March 2026 event. Bookings represent the gross value of reserved travel products, not recognized revenue, and may be canceled, modified or otherwise adjusted.
What drove Webuy Global's packaged-tour growth in Singapore and Indonesia?
Webuy attributed Singapore's packaged-tour growth to new contributions from Altitude and its MICE division. The company attributed Indonesia's growth to continued market penetration and demand for outbound travel products.