Singapore, April 22, 2025 — Webuy Global Ltd. (OTC: WBUY), a Southeast Asian e-commerce and travel platform powered by technology, announced today the filing of its 2024 annual report (Form 20-F) with the U.S. Securities and Exchange Commission on April 22, 2025. The report is accessible at and on the company’s investor relations webpage.

Key FY2024 Highlights

• Achieved its first-ever group profit in Q4 2024, a significant milestone.
• Generated $58.3 million in annual revenue, supported by consistent performance in its primary business areas.
• Reduced operating expenses by 30% through improved cost management.
• Completed a reverse stock split in April 2025, with the aim of relisting on the Nasdaq.
• Implemented AI-driven tools across its operations to improve customer experience and scalability.

Webuy’s CEO and Co-Founder, Vincent Xue Bin, stated that 2024 was a crucial year for the company, characterized by resilience, focused execution, and consistent progress. He added that despite challenges, the team remained committed to operational improvements and long-term objectives. He highlighted the achievement of group-level profitability in the fourth quarter as a first for the company, attributing it to the focus on higher-margin business areas, leaner operations, and strategic cost management.

He also mentioned the streamlining of the cost base by over 30%, the reallocation of resources to scalable businesses like travel, and the enhancement of the platform with AI tools to improve customer interaction and efficiency. Furthermore, he noted the overcoming of regulatory obstacles and the completion of a 1-for-120 reverse stock split in April 2025, a key step toward a potential Nasdaq relisting.

He further emphasized that the Q4 profitability milestone demonstrates the resilience of the business model and the dedication of the team. He concluded by stating the commitment to strengthening fundamentals, improving customer engagement, and delivering long-term shareholder returns in 2025.

About Webuy Global Ltd.

Webuy Global Ltd. is an innovative, tech-driven company aspiring to lead the e-commerce and travel sector in Southeast Asia. By utilizing advanced AI technologies, Webuy enhances its ‘group buy’ model through personalized recommendations, predictive demand analytics, and seamless community interactions. Additionally, Webuy integrates AI-powered travel solutions, including its proprietary AI Travel Consultant, to provide customized itineraries, group travel planning, and real-time support. These innovations optimize the supply chain, promote community-based shopping, and simplify travel planning for users. Webuy is dedicated to enhancing the lives of millions of families in Southeast Asia by providing high-quality, affordable products, services, and travel experiences. For more details, visit

Forward-Looking Statements

This release includes forward-looking statements made under the U.S. Private Securities Litigation Reform Act of 1995’s “safe harbor” provisions. These statements, concerning the Company’s beliefs and expectations, are not historical facts and therefore are forward-looking. Such statements involve inherent risks and uncertainties that could cause actual results to differ materially. Terms such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” and similar expressions identify forward-looking statements. The Company may also issue forward-looking statements in SEC filings, shareholder reports, press releases, written materials, and oral statements. These statements are subject to risks and uncertainties including, but not limited to: the Company’s goals and strategies; the Company’s future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in U.S., Singapore and Indonesia and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. Investors are therefore cautioned against placing undue reliance on these statements, which are subject to additional factors detailed in the Company’s SEC filings available at . The Company does not undertake to revise these statements to reflect subsequent events or circumstances.

CONTACT: Webuy Global Ltd.
Email: ir@webuy.global

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