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EFFECT - WEBUY GLOBAL LTD (0001946703) (Filer)
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6-K - WEBUY GLOBAL LTD (0001946703) (Filer)
Singapore, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd (NASDAQ:WBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, today provided a business update and announced its interim financial results for the six months ended June 30, 2024. Vincent Xue Bin, Chief Executive Officer and Co-Founder of Webuy, stated, "I am pleased to report that we achieved record revenue for the first half of 2024. This performance reflects the continued rollout of our social e-commerce platform across Southeast Asia. Revenue growth was driven by an increase in grocery sales and the success of our travel packages. Due to the high margins on our travel services, I am also plea
Singapore, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (NASDAQ:WBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, today announced it generated a record $2.9 million in sales over three days at this year's NATAS Fair 2024, driven by its "Travel with Webuy" tour packages. Webuy team at NATAS 2024 The NATAS Fair, organized by the National Association of Travel Agents Singapore (NATAS), is one of the largest and most influential travel and consumer fairs in Southeast Asia, regularly drawing around 100,000 visitors per event. Vincent Xue Bin, Chief Executive Officer and Co-Founder of Webuy, stated, "We are extremely pleased with the positi
Singapore, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (NASDAQ:WBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, today announced it has entered into a definitive agreement for senior convertible debt ("Convertible Security") with an initial principal amount of $2 million, and up to an additional $4 million with an accredited institutional investor (the "Investor") upon mutual agreement. The initial conversion price of the Convertible Security is $0.213 per share, or 150% of the VWAP of the Class A ordinary shares on the trading day preceding the Note issuance. The notes bear zero interest with monthly payments to be made in either cash or stock at
Webuy Global Ltd (NASDAQ:WBUY) 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 flagship brand exclusively developed by the company, marking 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 quality, efficacy, and safety standards. NEONE offers a range of advanced health supplements that stand out for their high purity and po
SC 13G - WEBUY GLOBAL LTD (0001946703) (Subject)