Recent Updates — WBUY
On October 22, 2026, Webuy Global consummated a share subscription with Chief Executive Officer Bin Xue. Under the agreement, the company issued 138,370 Class B ordinary shares to Mr. Xue at $0.68 per share, totaling approximately $94,092 in consideration. This price matched the closing price of the Company’s Class A ordinary shares on October 21, 2026. Following this issuance, Bin Xue holds 300,000 Class A and 416,666 Class B ordinary shares, representing approximately 47.4% of the aggregate voting power of the issued and outstanding ordinary shares. Webuy Global operates in the technology sector, providing digital solutions.
Webuy Global Ltd reported H1 2026 revenues of $14.3 million, a 94.4% increase from $7.4 million in the prior year period, driven by packaged-tour sales in Singapore ($10.8 million) and Indonesia ($3.5 million). Gross profit more than doubled to $1.83 million with margins expanding to 12.77%. The company completed its strategic exit from grocery operations, reclassifying the former Singapore grocery business as discontinued operations. Net loss narrowed by 56.8% to $3.32 million, aided by a significant reduction in finance costs following debt repayment and lower general administrative expenses. On July 23, 2026, Webuy utilized its equity line of credit with Dogwood Partners, selling 50,000 shares for $37,054. The company operates as an Asia-focused travel services provider offering packaged tours, customized private tours, and MICE services through brands including WeTrip, Webuy Travel, and Altitude.
Webuy Global Ltd received a Nasdaq deficiency notice on September 14, 2026, for failing to maintain the $1.00 minimum bid price requirement due to its Class A ordinary shares trading below that level for 30 consecutive business days from July 31 to September 11, 2026. The company has an 180-day compliance period ending March 15, 2027, to restore the closing bid price to at least $1.00 for ten consecutive business days or implement a reverse stock split by mid-February 2027. Failure to comply may result in delisting proceedings, though an additional 180-day extension is possible if other listing standards are met. Webuy Global Ltd operates as a technology-driven platform transforming travel services and social commerce across Southeast Asia.
Webuy Global Ltd announced the launch of an AI Agent-assisted Smart Travel Card to enhance connected travel experiences and entered a non-binding Memorandum of Understanding with Moyu Travel to expand China inbound travel capabilities. The company also joined the Pacific Asia Travel Association and reported record preliminary unaudited bookings of US$4.76 million at the August 2026 NATAS Fair, representing a 42% increase from March 2026. Additionally, WeTrip recorded approximately US$907,000 in transaction value during Q2 2026. Webuy Global Ltd operates as a technology-driven platform transforming travel services and social commerce across Southeast Asia.
Webuy Global Ltd agreed to settle US$557,289.87 in accounts payable owed by its subsidiary Webuy Travel Pte. Ltd. through a debt settlement agreement with creditor representative Mao Hongliang. The company will issue 728,484 Class A ordinary shares valued at US$0.765 per share to satisfy the debt. This issuance represents approximately 12.28% of the company's outstanding shares and is scheduled for August 27, 2026. Webuy Global Ltd operates in the online travel agency industry.