Reported Earnings • May 05
Full year 2025 earnings released: US$3.77 loss per share (vs US$12.82 loss in FY 2024) Full year 2025 results: US$3.77 loss per share (improved from US$12.82 loss in FY 2024). Revenue: US$18.8m (down 68% from FY 2024). Net loss: US$5.43m (loss narrowed 18% from FY 2024). Annuncio • Apr 18
Webuy Global Ltd. Launches Exclusive Antarctica Expedition Cruise Under Premium Brand Altitude Travel WEBUY GLOBAL LTD. announced the successful launch of its latest premium travel offering under Altitude Travel, the Company’s high-end travel brand, featuring an exclusive chartered Antarctica expedition cruise experience that generated over USD 777,500 in total transaction value within its first month of launch. The Antarctica expedition offering represents a high-end expedition experience to one of the world’s most remote and iconic destinations, combining expedition cruising, curated itineraries, immersive exploration, and premium service standards into a seamless end-to-end travel experience. To the Company’s knowledge, Webuy is the only travel agency in the Singapore market to have chartered an entire Antarctica cruise offering, underscoring the Company’s ability to develop exclusive, supply-constrained travel products which may be difficult for competitors to replicate. The Antarctica expedition features a 15-day core cruise journey, including the Drake Passage crossing, exploration of the Antarctic Peninsula, and guided wildlife encounters with penguins, seals, and whales, supported by expedition specialists and premium onboard amenities. In addition to the core voyage, Altitude Travel also offers extended itineraries that incorporate pre- and post-cruise experiences, including South America city extensions, cultural exploration programs, and tailored luxury travel arrangements, creating a more comprehensive and seamless long-haul premium travel experience. As part of its technology-driven strategy, Webuy is also increasingly applying AI-assisted personalization capabilities across the premium travel customer journey. These include AI-assisted customer acquisition capabilities to identify and engage high-intent affluent travelers more efficiently, as well as AI-assisted personalization and solution design capabilities to develop more tailored premium travel experiences based on customer preferences, travel goals, comfort expectations, and itinerary complexity. Early market response to the Antarctica launch reflects customer interest in exclusive, curated, and high-touch travel experiences among premium customer segments. The Company also believes this product format can serve as a foundation for additional chartered and expedition-style premium offerings in the future. The Company believes this category presents attractive long-term growth potential due to its high-value booking profile, stronger customer loyalty, and increased cross-selling opportunities across its broader premium travel portfolio. Annuncio • Mar 25
Webuy Global Ltd announced that it expects to receive $20 million in funding Webuy Global Ltd announced hat it has entered into an Ordinary Share Purchase Agreement (Equity Line of Credit ) with an institutional investor whereby the Company has the right, but not the obligation, to sell to the Investor, and the Investor is obligated to purchase Class A ordinary shares, at a par value of $0.0000462 per share for gross proceeds of $20,000,000 on March 23, 2026. As consideration for the Investor’s execution and delivery of the Purchase Agreement, the Company will issue 200,000 Class A Ordinary Shares to the Investor (the “Commitment Shares”) not later than 4:00 p.m. (New York City time) on the Closing Date. In addition, the Company is required to pay the Investor an aggregate of $25,000 in respect of the Investor’s reasonable out-of-pocket expenses including the legal fees and disbursements of the Investor’s legal counsel, of which $10,000 was advanced prior to the date of the Purchase Agreement and the remaining $15,000 is payable immediately following execution of the Purchase Agreement. The Purchase Agreement and the Registration Rights Agreement contain customary representations, warranties, covenants, and indemnification obligations of the parties. The offer and sale of securities described above was conducted as a private placement pursuant to and in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D promulgated thereunder for transactions not involving a public offering. Annuncio • Feb 18
Webuy Global Ltd. Launches Premium Travel Brand Altitude WEBUY GLOBAL LTD. announced the successful launch of Altitude, its new AI-powered premium travel advisory brand. Altitude officially held its grand opening on January 26, 2026. Following its launch, Altitude generated approximately USD 400,000 in travel bookings, demonstrating early market demand for its next-generation, technology-enabled travel experience platform. Altitude is designed to transform how travellers discover and plan journeys by combining: Immersive 4D experience screens that allow customers to step virtually into destinations before booking; AI-driven personalisation tools that match traveler preferences with curated destinations and itineraries; Inspiration-led digital engagement, shifting travel planning from transactional booking to experiential discovery. Outbound travel from Singapore continues to show strong momentum. In 2023, Singapore residents made approximately 9.8 million outbound trips, recovering to about 92% of pre-pandemic levels, while average expenditure per trip rose roughly 24% compared to pre-COVID levels -- reflecting a growing willingness to spend on overseas travel. Luxury travel spending grew by approximately 37%, and about 73% of Singaporean travellers indicated plans to increase international travel spending, highlighting rising demand for premium and experience-driven journeys. These trends support a favourable market environment for technology-enabled, high-value travel services such as Altitude. Altitude's model is designed to be: Technology-driven and asset-light; Scalable across major gateway cities; Aligned with rising demand for experiential and personalised travel. By integrating immersive visual experiences and AI-powered recommendations, Webuy aims to establish Altitude as a next-generation platform redefining how travellers explore the world. New Risk • Dec 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (244% increase in shares outstanding). Market cap is less than US$10m (US$3.59m market cap). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Reported Earnings • Nov 04
First half 2025 earnings released: US$7.24 loss per share (vs US$0.05 loss in 1H 2024) First half 2025 results: US$7.24 loss per share (further deteriorated from US$0.05 loss in 1H 2024). Revenue: US$9.12m (down 68% from 1H 2024). Net loss: US$7.67m (loss widened 163% from 1H 2024). New Risk • Oct 31
New major risk - Revenue and earnings growth Earnings have declined by 5.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (405% increase in shares outstanding). Market cap is less than US$10m (US$4.37m market cap). Annuncio • Aug 02
Webuy Global Ltd has completed a Follow-on Equity Offering in the amount of $2.999991 million. Webuy Global Ltd has completed a Follow-on Equity Offering in the amount of $2.999991 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 721,918
Price\Range: $3.65
Discount Per Security: $0.2373
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 100,000
Price\Range: $3.6499
Discount Per Security: $0.2372 Annuncio • Jul 21
Webuy Global Ltd. Launches AI Travel Assistant Device Powered by DeepSeek V3 Model and Espressif's ESP32-C WEBUY GLOBAL LTD. announced the launch of its AI Travel Assistant--a wearable device poised to redefine the travel experience for millions of global travelers. Weighing just 30 grams, the AI Travel Assistant is a breakthrough wearable device powered by DeepSeek's latest V3 AI model. It delivers real-time multilingual support across 21 languages, including English, Spanish, Japanese, German, French, and Arabic. With a single-button interface, users can speak in their native language and instantly receive responses in their preferred target language. The AI Travel Assistant is seamlessly integrated with Webuy's proprietary ERP system, SkyBear--an in-house developed travel ERP platform designed specifically to optimize the end-to-end travel experience. This integration enables travelers to receive personalized itinerary updates, destination-specific insights, and real-time alerts--anytime and anywhere. As a context-aware assistant, it significantly enhances both the convenience and safety of travel. In a strategic move to elevate global travel standards, Webuy is collaborating closely with China Tourism Group to set a new benchmark in travel service quality. This partnership aims to establish a unified, AI-driven service ecosystem that benefits not only travelers but also service providers such as tour guides. Annuncio • Jun 26
Webuy Global Ltd has filed a Follow-on Equity Offering in the amount of $10 million. Webuy Global Ltd has filed a Follow-on Equity Offering in the amount of $10 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,000,000
Price\Range: $10
Discount Per Security: $0.65
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Price\Range: $9.999
Discount Per Security: $0.65 New Risk • Jun 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$7.9m free cash flow). Share price has been highly volatile over the past 3 months (59% average weekly change). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Market cap is less than US$10m (US$5.48m market cap). Annuncio • Jun 05
Webuy Global Ltd Announces Resignation of Fangqin Lin as Independent Director, Effective June 1, 2025 On May 31, 2025, Ms. Fangqin Lin notified the Webuy Global Ltd. of her resignation as an independent director, effective June 1, 2025. Annuncio • Apr 24
Webuy Global Ltd Auditor Raises 'Going Concern' Doubt Webuy Global Ltd filed its Annual on Apr 22, 2025 for the period ending Dec 31, 2024. In this report its auditor, Audit OneStop Assurance PAC, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Annuncio • Feb 14
Webuy Global Provides Update on Nasdaq Listing On January 22, 2025, Webuy Global Ltd. received a delisting notice from Nasdaq due to non-compliance with the $1.00 minimum bid price requirement. Following the expiration of the second 180-day compliance period on January 21, 2025, Nasdaq suspended trading of the Company's stock on January 31, 2025. As a result, Webuy's shares are currently trading on the OTC market due to the implementation of new Nasdaq regulations that mandate immediate delisting after the second compliance period. To regain its Nasdaq listing, the Company has formally appealed the decision and is scheduled to present its compliance plan at a hearing on February 27, 2025. To address the bid price deficiency, Webuy's shareholders approved a reverse stock split at the Company's Annual General Meeting (AGM) on December 18, 2024, with an approved ratio ranging from 1-for-10 to 1-for-40. On January 15, 2025, the Board of Directors approved a 1-for-40 reverse stock split, and the Company immediately filed the required documents with the secretary of Cayman Islands on January 16, 2025.Following the delisting notice, the Company's shares are now on the OTC market, under which additional approval from the Financial Industry Regulatory Authority (FINRA) is required to proceed with the reverse split. Webuy submitted its FINRA application on February 3, 2025 and has been actively responding to FINRA to provide supplemental information as requested, and is expecting FINRA clearance in due course. Webuy remains committed to regaining its Nasdaq listing and executing its AI-driven growth strategy to create long-term shareholder value. The Company will continue to update shareholders on its progress and remain dedicated to delivering innovative solutions that enhance customer experiences. Annuncio • Jan 30
Webuy Global Ltd(OTCPK:WBUY.F) dropped from NASDAQ Composite Index Webuy Global Ltd has been dropped from the NASDAQ Composite Index. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Market cap is less than US$10m (US$9.12m market cap). New Risk • Jan 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.12m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Market cap is less than US$10m (US$9.12m market cap). Minor Risk Shareholders have been diluted in the past year (38% increase in shares outstanding). Annuncio • Dec 19
Webuy Global Ltd has completed a Follow-on Equity Offering in the amount of $3.688361 million. Webuy Global Ltd has completed a Follow-on Equity Offering in the amount of $3.688361 million.
Security Name: Class A ordinary shares
Security Type: Common Stock
Securities Offered: 5,372,792
Price\Range: $0.1756
Discount Per Security: $0.0123
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 15,640,447
Price\Range: $0.1755
Discount Per Security: $0.0123
Transaction Features: Registered Direct Offering Annuncio • Dec 18
Webuy Global Ltd has filed a Follow-on Equity Offering in the amount of $3.689925 million. Webuy Global Ltd has filed a Follow-on Equity Offering in the amount of $3.689925 million.
Security Name: Class A ordinary shares
Security Type: Common Stock
Securities Offered: 21,013,239
Price\Range: $0.1756
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Transaction Features: Registered Direct Offering Annuncio • Dec 12
Webuy Global Ltd. Launches Revolutionary Travel AI, Micky1.0, on WhatsApp, Delivering Travel Assistance with Ease and Precision Webuy Global Ltd. announced the launch of its cutting-edge Travel AI, Micky1.0. This tool, available through WhatsApp, helps simplify travel planning and provides personalized support whenever and wherever it is needed. With just a WhatsApp number, users can interact with Micky1.0 to get immediate answers to their travel-related questions. Equipped with an extensive database of travel packages, departure dates, prices, air ticket options, and hotel accommodations, Micky1.0 provides comprehensive information for both group tours and flexible independent travel (FIT) arrangements. Additionally, integrated API technology allows customers to receive real-time quotes, making trip planning faster and easier than ever. Beyond basic support, Webuy's Micky1.0 offers tailored recommendations based on user preferences for travel updates, destinations, and interests. Customers can also access up-to-date weather information, destination insights, and itinerary suggestions to craft their perfect journey. Additionally, Micky1.0 can support multiple languages (like English, Malay, Chinese, etc) using both voice and text messages. This launch marks a significant milestone in Webuy's commitment to enhancing customer experiences through technology, making travel planning as simple as sending a WhatsApp message. Micky1.0 is available now, and customers can start planning their next adventure by reaching out directly on WhatsApp. Annuncio • Nov 20
Webuy Global Ltd, Annual General Meeting, Dec 18, 2024 Webuy Global Ltd, Annual General Meeting, Dec 18, 2024, at 11:00 Singapore Standard Time. Location: at 35 tampines street 92, singapore 528880, Singapore New Risk • Nov 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Market cap is less than US$10m (US$6.95m market cap). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Reported Earnings • Sep 23
First half 2024 earnings released: US$0.05 loss per share (vs US$0.075 loss in 1H 2023) First half 2024 results: US$0.05 loss per share (improved from US$0.075 loss in 1H 2023). Revenue: US$28.2m (up 15% from 1H 2023). Net loss: US$2.91m (loss narrowed 19% from 1H 2023). Revenue is forecast to grow 106% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in the US. Annuncio • Jul 28
Webuy Receives Extension to Regain Compliance with Nasdaq’s Minimum Bid Requirements Webuy Global Ltd. announced that, following the receipt of a written notice from the Listing Qualifications Department of the Nasdaq Stock Market, LLC (“Nasdaq”) on January 26, 2024 regarding the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”) for continued listing on the Nasdaq Capital Market, it received written notification from Nasdaq, providing an additional 180 calendar days, or until January 21, 2025, to regain compliance with the minimum bid price of USD 1.00, as required by Nasdaq Listing Rule. Under Nasdaq Listing Rule 5810(c)(3)(A), if at any time over this period the bid price of Webuy’s shares closes at USD 1.00 per share or more for a minimum of ten consecutive business days (save for Nasdaq’s discretion to require the Company to maintain a bid price of at least USD 1.00 per share for a period in excess more than ten consecutive business days, but generally no more than 20 consecutive business days), Nasdaq will provide written confirmation of compliance and the matter will be closed. Vincent Xue Bin, Chief Executive Officer and Co-Founder of Webuy Global, stated, “We appreciate Nasdaq’s flexibility and support, and are committed to maintaining our listing. We continue to generate significant growth and our business fundamentals are stronger than ever. In addition, over the coming months, we look forward to unveiling a number of major initiatives underway that we expect will positively impact on our financial results. We remain laser-focused on driving value for shareholders and look forward to providing further updates”. New Risk • Jul 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.03m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Market cap is less than US$10m (US$9.03m market cap). Annuncio • Jun 26
Webuy Global Ltd. Announces the Launch of Its Sing Select Gift Series - A New Line of Premium Gift Sets Webuy Global Ltd. announced the launch of its Sing Select gift series, a new line of high-quality, thoughtfully curated gift sets designed to celebrate the rich and diverse culture of Singapore. The series was officially launched in May 2024 with the Plum Wine Gift Set as the first proprietary product in the series. Consumer demand for the Plum Wine Gift Set has exceeded expectations, with more than 700 sets sold in a single day. Building on the initial success of the Plum Wine Gift Set, Webuy is expanding the Sing Select gift series to include a variety of other high-quality Company-designed and wholly owned branded products. Upcoming launches will feature a range of gift sets such as healthy nuts, premium teas, and gourmet coffees. Each set will uphold Webuy's high standards of quality at affordable prices. Annuncio • Jun 15
Webuy Global Ltd. Announces Entry into the Nutraceutical and Longevity Markets with the Launch of Brand NEONE: A Premium Health Supplement Webuy Global Ltd. announced its entry into the nutraceutical and longevity markets with the launch of NEONE, a premium health supplement brand committed to delivering high-quality nutritional supplements and health products. NEONE is a brand exclusively developed by the Company and marks its strategic entry into the high-margin, multi-billion-dollar nutraceutical and longevity markets. The brand focuses on delivering the best health solutions to consumers through rigorous scientific research and innovation, ensuring the highest standards of quality, efficacy, and safety. NEONE offers a range of advanced health supplements that stand out for their high purity and potency. These supplements are designed to address issues such as fatigue, insomnia, and stress, with a particular focus on anti-aging and cellular health. NEONE NMN supplements provide targeted benefits for those looking to enhance their overall well-being and vitality. The NEONE NMN product contains nicotinamide, a form of Vitamin B3, which has been shown to support cellular energy production, improve mitochondrial function, and promote longevity. Clinical studies suggest that nicotinamide may help reduce the effects of aging, improve cognitive function, and enhance physical endurance. New Risk • May 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (21% average weekly change). Minor Risk Market cap is less than US$100m (US$53.4m market cap). Annuncio • May 29
Webuy Global Ltd Announces Strategic Expansion into Insurance Referral Program Webuy Global Ltd. announced its strategic expansion into an insurance referral program to deliver insurance solutions to markets across Asia. By leveraging its "One on One Match" service, Webuy's insurance referral program pairs each customer with an insurance specialist, who will tailor product recommendations to meet the client's unique needs. Customers can access hundreds of insurance products spanning health, life, property, travel, and more, through Webuy's partnership with a leading insurance broker in Singapore. The insurance referral program incentivizes Webuy's Group Leaders to promote insurance products and drive referrals within their communities. In turn, Group Leaders earn referral fees based on successful referrals, customers gain access to discounted policies, and insurance partners benefit from lower acquisition costs and higher retention through community engagement. Annuncio • May 03
Webuy Global Ltd has completed a Follow-on Equity Offering in the amount of $2.0097 million. Webuy Global Ltd has completed a Follow-on Equity Offering in the amount of $2.0097 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,930,000
Price\Range: $0.29
Discount Per Security: $0 Annuncio • Apr 19
Webuy Global Ltd has filed a Follow-on Equity Offering in the amount of $2.9 million. Webuy Global Ltd has filed a Follow-on Equity Offering in the amount of $2.9 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: $0.29
Discount Per Security: $0 Reported Earnings • Apr 16
Full year 2023 earnings released: US$0.10 loss per share (vs US$0.16 loss in FY 2022) Full year 2023 results: US$0.10 loss per share (improved from US$0.16 loss in FY 2022). Revenue: US$61.7m (up 38% from FY 2022). Net loss: US$5.15m (loss narrowed 23% from FY 2022). Annuncio • Feb 02
Webuy Global Ltd Approves Appointment of Fangqin Lin as Independent Director and Chair of Compensation Committee On December 14, 2023, approved by the board of directors of WEBUY GLOBAL LTD (the ‘Company’), the nominating committee and the compensation committee, Ms. Fangqin Lin was appointed as independent director and chair of compensation committee of the company, effective February 1, 2024. Ms. Fangqin Lin has over 20 years of experience in finance planning & analysis (“FP&A”) and financial control. Ms. Lin started her career in 1993 with Hongcheng Trading Co. in Xiamen China as a financial officer, where she was responsible for maintaining full sets of accounts, preparing monthly reports, and monitoring cash accounts. She would thereafter spend two decades at Citibank Singapore. From July 2009 to February 2019, Ms. Lin served as the head of finance and FP&A and senior vice president, where she was in charge of facilitating the monthly management meeting and ensuring follow-up with stakeholders for action items, overseeing transformation projects, and designing sales incentive program design and tracking, performance management, and ensuring the effectiveness of client experience programs. From November 2017 to October 2022, Ms. Lin was in charge of supervising FP&A activities that supported IPB, GCB Retail Bank, Citibusiness, GCB Expense, and overall GCB coverage, and overseeing finance model and ICAAP Model attestation. Ms. Lin obtained a degree of Master of Science in Management from the National University of Singapore and a Master of Economics from Xiamen University. Annuncio • Dec 15
Webuy Global Ltd Announces Termination of Lixia Tu as Independent Director On December 14, 2023, the Board of Directors of WEBUY GLOBAL LTD has decided to terminate Ms. Lixia Tu's appointment as the Company's independent Director. The Company has entered into an independent director offer letter with a new independent director nominee, who is expected to assume duty on February 1, 2024. Reported Earnings • Dec 09
First half 2023 earnings released First half 2023 results: Revenue: US$24.4m (up 62% from 1H 2022). Net loss: US$3.61m (loss narrowed 13% from 1H 2022). New Risk • Dec 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$76.5m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.6m free cash flow). Share price has been highly volatile over the past 3 months (35% average weekly change). Negative equity (-US$6.4m). Minor Risk Market cap is less than US$100m (US$76.5m market cap). Annuncio • Dec 07
Webuy Global Ltd (NasdaqCM:WBUY) entered into non-binding Memorandum of Understanding to acquire 51% stake in PT. Tiga Sakti Utama for IDR 73.9 billion. Webuy Global Ltd (NasdaqCM:WBUY) entered into non-binding Memorandum of Understanding to acquire 51% stake in PT. Tiga Sakti Utama for IDR 73.9 billion on December 6, 2023. As a part of consideration, Webuy Global will allot 0.8 million shares with certain lockup arrangement. PT. Tiga Sakti Utama reported the revenue of approximately IDR 230 billion ($15 million) in 2022. The deal is subject to completion of due diligence. The parties expect to finalize a definitive agreement in mid 2024. Annuncio • Oct 20
Webuy Global Ltd has completed an IPO in the amount of $15.2 million. Webuy Global Ltd has completed an IPO in the amount of $15.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Price\Range: $4
Discount Per Security: $0.18
Security Name: Ordinary Shares
Security Type: Common Stock
Price\Range: $4
Discount Per Security: $0.32