Webuy Global Ltd Recognized as One of Singapore’s Fastest-Growing Companies 2025

Rhea-AI Summary

Webuy Global (Nasdaq: WBUY) has earned a spot on Singapore's Fastest-Growing Companies 2025 list, a prestigious ranking compiled by The Straits Times and Statista. The recognition comes after a comprehensive evaluation of thousands of Singapore-based companies, focusing on their performance between 2020 and 2023.

The company's selection was based on its exceptional Compound Annual Growth Rate (CAGR) and organic revenue growth during this period. CEO Vincent Xue Bin attributed this achievement to the team's dedication and the continued support from customers and partners.

This acknowledgment reinforces Webuy's standing as a leading enterprise in Singapore's competitive market landscape, highlighting its growth trajectory and operational excellence.

Singapore, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) (“Webuy” or the “Company”), is proud to announce its inclusion in the prestigious Singapore’s Fastest-Growing Companies 2025, a ranking compiled by The Straits Times and Statista. This recognition highlights Webuy’s exceptional revenue growth and unwavering commitment to innovation and operational excellence between 2020 and 2023.

The rigorous evaluation process by The Straits Times and Statista assessed thousands of companies across Singapore, recognizing Webuy’s impressive Compound Annual Growth Rate (CAGR) and organic revenue expansion. This achievement solidifies Webuy’s position as one of Singapore’s leading enterprises, celebrated for its strong growth trajectory and resilience in a competitive market.

“This recognition is a testament to the dedication of our team and the trust of our customers and partners,” said Vincent Xue Bin, CEO of Webuy Global Ltd. “Our inclusion in Singapore’s Fastest-Growing Companies 2025 motivates us to continue driving innovation, expanding our reach, and delivering value to communities.”

For more details about the ranking, visit https://www.straitstimes.com/fastest-growing-companies-2025.

About Webuy Global Ltd.

Webuy Global Ltd. is a forward-thinking, technology-driven company aimed at becoming the leading e-commerce and travel platform in Southeast Asia. Leveraging advanced AI technologies, the Company enhances its 'group buy' model by providing personalized recommendations, predictive demand analytics, and seamless community interactions. In addition, Webuy integrates AI-powered travel solutions, such as its proprietary AI Travel Consultant, to deliver personalized itineraries, group travel planning, and real-time support. These innovations streamline the traditional supply chain, foster a community-driven shopping experience, and simplify travel planning for its users. Webuy is committed to improving the lives of millions of families in Southeast Asia with high-quality, affordable products, services, and travel experiences. For more information, visit https://www.webuysg.com/Investor/

Forward-Looking Statements
This press release contains forward-looking statements regarding the Company’s current expectations. These statements are not guarantees of future performance and are subject to certain risks and uncertainties described more fully in the Company’s filings with the SEC. Forward-looking statements are made as of this date, and the Company undertakes no duty to update them, except as required by law.

FAQ

What recognition did Webuy Global (WBUY) receive in 2025?

Webuy Global was recognized as one of Singapore's Fastest-Growing Companies 2025, according to a ranking compiled by The Straits Times and Statista.

What period was evaluated for Webuy's growth recognition?

The evaluation period for Webuy's growth recognition covered the years 2020 to 2023.

What metrics were used to evaluate Webuy (WBUY) for the fastest-growing companies list?

Companies were evaluated based on their Compound Annual Growth Rate (CAGR) and organic revenue expansion during the assessment period.

Who compiled the Singapore's Fastest-Growing Companies 2025 ranking?

The ranking was compiled through a collaboration between The Straits Times and Statista.

What did Webuy's CEO say about the 2025 recognition?

CEO Vincent Xue Bin stated that the recognition reflects the team's dedication and the trust of their customers and partners, motivating them to continue driving innovation and expansion.