Webuy Global shares surge 23.08% after hours following new AI travel device collaboration with CTG MICE Service Company Limited.

Webuy Global Ltd. surged 23.08% in after-hours trading following the announcement of an expanded collaboration with CTG MICE Service Company Limited, a subsidiary of China Tourism Group, to boost inbound tourism to China via AI travel devices. The partnership, highlighted in a GlobeNewswire press release, signals strategic growth in the AI-driven travel retail sector, aligning with the company’s recent expansion into Indonesia and cross-border education markets. While older news, such as a Nasdaq equity deficiency notification and a follow-on offering, may have historically pressured the stock, the immediate after-hours rally appears driven by optimism around the new AI-focused partnership and operational expansion.