Singapore, May 08, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (NASDAQ:WBUY), a forward-thinking, technology-driven e-commerce and travel platform in Southeast Asia, today announced that the Company has been successfully reinstated on the Nasdaq Capital Market ("Nasdaq"), effective May 8, 2025. The relisting follows confirmation from Nasdaq that the Company has regained compliance with the minimum bid price requirement under Rule 5550(a)(2). Webuy's return to Nasdaq is a pivotal milestone in its broader turnaround. After implementing a comprehensive recovery strategy, which included reverse stock splits and a successful appeal before the Nasdaq Hearing Panel , the company has regained ful
Singapore, April 22, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (OTC:WBUY), a technology-driven community e-commerce and travel platform in South East Asia, today announces that on April 22, 2025, the Company filed its 2024 annual report (Form 20-F) with the U.S. Securities and Exchange Commission. The report is available at www.sec.gov and the Company's investor relations website. Key FY2024 Highlights • Achieved first group-level profit in Q4 2024, marking a major turnaround milestone• Annual revenue of $58.3 million, supported by stable performance in core verticals• Operating expenses reduced by 30%, driven by tighter cost control• Reverse stock split completed in
Singapore, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (NASDAQ:WBUY) ("Webuy" or the "Company"), a leading AI-driven e-commerce and travel platform, today provided an update regarding its Nasdaq listing status and ongoing strategic growth initiatives. Nasdaq Compliance and Appeal ProcessOn January 22, 2025, Webuy 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 reg
Singapore, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (NASDAQ:WBUY) (the "Company"), today announced that it received a letter on January 22, 2025, from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company has not regained compliance with Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule"), which requires listed securities to maintain a minimum bid price of $1.00 per share. As a result, the Nasdaq staff has issued a Staff Delisting Determination, and the trading of the Company's Class A ordinary shares will be suspended at the opening of business on January 29, 2025. The Minimum Bid Price Rule requires listed securi
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
Singapore, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd (NASDAQ:WBUY) (the "Company") is pleased to announce the remarkable success of its recent Disney cruise campaign, powered by its revolutionary Micky1.0 Travel AI on WhatsApp. By seamlessly integrating advanced AI technology with personalized customer service, Webuy demonstrated its ability to drive significant customer engagement and financial results. AI-Driven Success The Disney cruise campaign leveraged Webuy's digital marketing expertise to direct leads to Micky1.0, the Company's AI-powered travel assistant. Micky1.0 efficiently answered customer inquiries, provided real-time quotes, and tailored recommendations, before tr
NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd (NASDAQ:WBUY) (the "Company"), a Southeast Asian community-oriented e-commerce retailor with a focus on grocery and travel, on December 17, 2024, announced the closing of its previously announced registered direct offering with certain institutional investors for the sale and purchase of an aggregate of 21,013,239 of the Company's Class A ordinary shares, par value $0.000000385 per share (the "Shares") (or Class A ordinary share equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.1756 per share. The purchase price for the pre-funded warrants is $0.1755 to the purchase price for Shares, less the
Singapore, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (NASDAQ:WBUY) (the "Company"), a Southeast Asian community-oriented e-commerce retailor with a focus on grocery and travel, today announced the closing of its previously announced registered direct offering with certain institutional investors for the sale and purchase of an aggregate of 21,013,239 of the Company's Class A ordinary shares, par value $0.000000385 per share (the "Shares") (or Class A ordinary share equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.1756 per share. The purchase price for the pre-funded warrants is $0.1755 to the purchase price for Shares, less the exercise pric
Singapore, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (NASDAQ:WBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce innovator, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase approximately 21,013,239 Class A ordinary shares (or Class A ordinary share equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.1756 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $3.7 million, before deducting the placement agent's fees and other estimated offering expenses. The offering is expected to close on or abou
Singapore, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (NASDAQ:WBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce innovator, is excited to announce its advancement to the next phase of NVIDIA's AI Accelerator Program. This milestone reflects Webuy's commitment to leveraging advanced AI technologies to enhance its offerings and deliver exceptional value to its customers. The NVIDIA AI Accelerator Program, supported by Singapore's Economic Development Board (EDB), Tribe (a leading blockchain accelerator in Asia), and the Digital Industry Singapore (DISG, a joint office of EDB, Enterprise Singapore, and IMDA) provides startups and businesses with access to NVIDI
SC 13G - WEBUY GLOBAL LTD (0001946703) (Subject)
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6-K - WEBUY GLOBAL LTD (0001946703) (Filer)
6-K - WEBUY GLOBAL LTD (0001946703) (Filer)
6-K - WEBUY GLOBAL LTD (0001946703) (Filer)
6-K - WEBUY GLOBAL LTD (0001946703) (Filer)
SCHEDULE 13G - WEBUY GLOBAL LTD (0001946703) (Subject)
6-K - WEBUY GLOBAL LTD (0001946703) (Filer)
6-K - WEBUY GLOBAL LTD (0001946703) (Filer)
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