Articles from Webuy Global Limited
Webuy Global Ltd. Receives Nasdaq Notification Regarding Non-Compliance with Minimum Bid Price Rule
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.
By Webuy Global Limited · Via GlobeNewswire · January 28, 2025
Webuy Global Ltd Recognized as One of Singapore’s Fastest-Growing Companies 2025
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.
By Webuy Global Limited · Via GlobeNewswire · January 21, 2025
WeBuy Global Ltd Achieves Milestone Disney Cruise Sales with AI-Powered Travel Assistant, Micky1.0
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.
By Webuy Global Limited · Via GlobeNewswire · December 24, 2024
Webuy Global Ltd. Announces Closing of $3.7 Million Registered Direct Offering
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 price of $0.0001 per share.
By Webuy Global Limited · Via GlobeNewswire · December 17, 2024
Webuy Global Ltd. Announces Pricing of $3.7 Million Registered Direct Offering
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.
By Webuy Global Limited · Via GlobeNewswire · December 16, 2024
Webuy Advances to Next Phase of NVIDIA’s AI Accelerator Program
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.
By Webuy Global Limited · Via GlobeNewswire · December 16, 2024
Webuy Global Ltd. Launches Revolutionary Travel AI, Micky1.0, on WhatsApp, Delivering Travel Assistance with Ease and Precision
Singapore, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) (“Webuy” or the “Company”), a Southeast Asian community e-commerce innovator, is thrilled to announce 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.
By Webuy Global Limited · Via GlobeNewswire · December 11, 2024
Webuy Achieves Record $2.9 Million in Sales within Just Three Days at NATAS Fair 2024
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.
By Webuy Global Limited · Via GlobeNewswire · August 20, 2024
Webuy Secures $2 Million Debt Financing Convertible at a Premium to the Current Market Price; Potential to Receive an Additional $4.0 Million Upon Mutual Agreement of the Parties
Use of proceeds intended to accelerate growth strategy
By Webuy Global Limited · Via GlobeNewswire · August 9, 2024
Webuy Receives Extension to Regain Compliance with Nasdaq’s Minimum Bid Requirements
Singapore, July 26, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) (“Webuy” or the “Company”), a Southeast Asian community e-commerce retailer, today 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 U.S. $1.00, as required by Nasdaq Listing Rule.
By Webuy Global Limited · Via GlobeNewswire · July 26, 2024
Webuy Announces the Launch of its Sing Select Gift Series—a New Line of Premium Gift Sets
Designed to celebrate the rich and diverse culture of Singapore
By Webuy Global Limited · Via GlobeNewswire · June 26, 2024
Webuy Announces Strategic Expansion into Insurance Referral Program
Singapore, May 28, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd (NASDAQWBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, today announced its strategic expansion into an insurance referral program to deliver insurance solutions to markets across Asia.
By Webuy Global Limited · Via GlobeNewswire · May 28, 2024
Webuy Launches Travel Business in Indonesia
Singapore, May 15, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd (NASDAQWBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, today announced the launch of its travel business in Indonesia, as it expands its presence in the growing Southeast Asian tourism market.
By Webuy Global Limited · Via GlobeNewswire · May 15, 2024
Webuy to Present at the Emerging Growth Conference on May 9, 2024
Webuy invites individual and institutional investors, as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.
By Webuy Global Limited · Via GlobeNewswire · May 8, 2024
Zacks Small-Cap Research Initiates Coverage on Webuy
Singapore, May 02, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd (NASDAQWBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, today announced that Zacks Small-Cap Research ("Zacks") has initiated equity research coverage on the Company. The full equity research report is available on the Zacks website here.
By Webuy Global Limited · Via GlobeNewswire · May 1, 2024
Webuy Announces Pricing of up to 10,000,000 of its Class A Ordinary Shares
Singapore, May 01, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd (NASDAQWBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, today announced the pricing of its self-underwritten offering of up to 10,000,000 of its Class A Ordinary shares, which are being offered by the Company directly to select investors at $0.29 per share.
By Webuy Global Limited · Via GlobeNewswire · April 30, 2024
Webuy to Present at the Upcoming EF Hutton Annual Global Investor Conference on May 15, 2024, in New York City
Singapore, April 25, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd (NASDAQWBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, will attend and present at the EF Hutton Annual Global Conference in New York on May 15, 2024.
By Webuy Global Limited · Via GlobeNewswire · April 25, 2024
Webuy Announces Filing of 2023 Annual Report with the SEC, Launches Travel Business in Indonesia, and Expands into Insurance Referral Program
Singapore, April 19, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd (NASDAQWBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, today announces that on April 15, 2024, the Company filed its 2023 annual report (20-F) with the SEC. Notable recent events include the Company’s launch of a travel business line in Indonesia and expansion into an insurance referral program. Key highlights of the Company’s 2023 financial achievements follow:
By Webuy Global Limited · Via GlobeNewswire · April 19, 2024