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On May 15, 2024, Webuy Global announced the launch of its travel business in Indonesia, aiming to tap into the country's growing middle class, projected to make up 80% of the population by 2045. This new venture seeks to integrate online and offline elements to meet the rising demand for high-quality travel experiences. The Mitra Referral Program simplifies the connection process between travelers and Webuy's services, offering tour consultants to ensure personalized travel experiences. The initiative's first tour, a six-day, four-night trip to Korea, received 100% customer satisfaction, indicating strong initial success.
CEO Vincent Xue Bin expressed enthusiasm for the travel service's positive start, emphasizing the company's goal to expand in the Southeast Asian tourism market and deliver sustainable shareholder value.
Webuy Global (NASDAQ: WBUY) will be presenting at the Emerging Growth Conference on May 9, 2024, offering investors the chance to interact with the CEO, Mr. Vincent Xue Bin, in real time. The event promises to be interactive and informative, providing shareholders and the investment community with valuable insights into the company's operations.
Webuy Global (NASDAQ: WBUY), a Southeast Asian community e-commerce retailer, announced Zacks Small-Cap Research has initiated coverage on the company. The equity research report can be accessed on Zacks' website.
Webuy Global (NASDAQ: WBUY), a Southeast Asian e-commerce retailer, announced the pricing of up to 10,000,000 of its Class A Ordinary shares at $0.29 per share. The offering was self-underwritten and made directly to select investors. A registration statement was filed with the SEC on April 29, 2024, and the final prospectus will be available on the SEC's website. This press release does not constitute an offer to sell securities.
