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Webus International Limited (WETO) delivers Mobility-as-a-Service solutions through integrated digital platforms, transforming urban transportation efficiency. This news hub provides investors and industry observers with essential updates on corporate developments, financial milestones, and strategic initiatives shaping the company's role in modern transit solutions.
Access timely announcements including quarterly earnings reports, partnership agreements, and service expansion updates. Our curated collection ensures stakeholders stay informed about operational advancements in commute shuttles, chartered bus services, and packaged tour innovations. Discover how Webus International addresses transportation challenges through technology-driven solutions.
Bookmark this page for continuous access to verified press releases and objective analysis of the company's market position. Regular updates provide critical insights into Webus International's progress in optimizing urban mobility through digital integration and customized transit services.
Webus International (NASDAQ: WETO) announced on October 21, 2025 that its Wetour platform will integrate Expedia Group’s newly announced AI Trip Planner and B2B APIs via its existing Expedia TAAP partnership.
Wetour plans phased technical evaluations and integration once the tools are fully available to TAAP partners, aiming to improve hotel search accuracy, booking efficiency, and personalization for global users by leveraging Smart Trip AI™ and related merchandising and dynamic inventory features.
Webus International (NASDAQ: WETO) launched an AI-powered points optimization platform on October 15, 2025 that leverages OpenAI’s AgentKit to power an intelligent personal “Loyalty Agent.”
The system uses reinforcement learning and contextual reasoning to analyze reward portfolios, detect promotions, and recommend real-time redemption or transfer strategies. The platform is in internal beta with select users and partners and will expand pilot access in coming months before a full public rollout, subject to technical validation and regulatory compliance.
The announcement references a global loyalty market exceeding US $20 billion annually and cites that ~30% of points remain unredeemed, which the AI aims to reduce by optimizing value conversion.
Webus (NASDAQ: WETO) announced plans on October 8, 2025 to build a tokenized travel reward exchange that uses XRP stablecoin settlement to enable cross‑border reward redemption and real‑time value conversion.
The initiative targets the $20+ billion global loyalty market, aims to improve liquidity, transparency, and interoperability across airline, hotel, and mobility reward ecosystems, and will be developed in phases subject to regulatory compliance and jurisdictional approvals.
Webus is evaluating pilot programs in North America and Asia with broader rollouts tied to market adoption.
Webus International (NASDAQ: WETO) announced on October 6, 2025 plans to establish its global headquarters in the United States to accelerate blockchain- and AI-powered TravelTech growth.
The U.S. HQ will focus on talent recruitment, R&D, and blockchain applications including cross-border settlement, loyalty point tokenization, digital identity, and distributed financial infrastructure. The company also plans to explore AI-powered agents for personalized itinerary planning and real-time support.
Webus International (NASDAQ: WETO) has issued a clarification regarding its previously announced cooperation with Air China. The company revealed that the actual agreement, signed on August 19, 2025, is limited to a Preferential Cooperation Agreement between its PRC subsidiary, Zhejiang Youba Technology Co., Ltd., and Air China's Hangzhou Branch Office.
The agreement specifically covers discounted Wetour-brand chauffeur and transfer services at Hangzhou Xiaoshan International Airport, exclusively for passengers with valid Air China tickets (beginning with 999). This clarification aims to correct any misunderstandings from the previous announcement's reference to a "strategic partnership," as there is no broader cooperation with Air China beyond this specific arrangement.
Webus International (NASDAQ: WETO), an AI-driven mobility solutions provider, has formed a strategic partnership with Air China, gaining potential access to over 60 million PhoenixMiles members globally. Through this collaboration, Webus's travel brand Wetour will provide premium chauffeur services and airport transfers to Air China's passengers and members worldwide.
The partnership also includes plans to implement XRP payment solutions on Wetour's overseas platform, which will enable PhoenixMiles members to access features like faster settlement, tokenized rewards, and blockchain-enabled vouchers, subject to regulatory compliance. This initiative represents a significant step in connecting airline loyalty programs with Web3 travel solutions.
Webus International (NASDAQ: WETO), a provider of AI-driven mobility solutions, has announced the integration of XRP token and Ripple USD (RLUSD) stablecoin payments on its Wetour mobile web platform. The new payment options allow travelers to purchase product vouchers and promotional coupons, with crypto transactions automatically linked to user account benefits.
Led by CEO Nan Zheng, this upgrade aims to provide faster checkout and streamlined settlement across Wetour's premium chauffeur, charter, and curated experience services. The feature will be rolled out in phases across eligible jurisdictions, subject to local regulations and KYC/AML requirements.
Webus International (NASDAQ: WETO), a leading AI-driven mobility solutions provider, has secured a conditional Securities Purchase Agreement with Ripple Strategy Holdings for a senior equity line of credit up to $100 million.
The 24-month facility will be available at Webus's discretion, with individual drawdowns ranging from $250,000 to $3 million per tranche. The funding is designed to support the company's XRP treasury strategy, including crypto-enabled payments and blockchain-based loyalty programs. The agreement's completion is subject to SEC registration statement effectiveness and existing underwriter consent.
CEO Nan Zheng emphasized that the facility demonstrates confidence in their long-term XRP strategy while providing flexible capital access with minimal shareholder dilution. The funding aims to accelerate growth across North America and Asia-Pacific markets.