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WBUY

Webuy GlobalยทNASDAQ
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WBUY Profile

Webuy Global Ltd

An emerging social e-commerce platform in Southeast Asia

Franchise retail
08/29/2022
05/08/2025
NASDAQ Stock Exchange
174
12-31
Common stock
35 Tampines Street 92 Singapore 528880
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Webuy Global Ltd is a holding company incorporated in the Cayman Islands on August 29, 2022. They are an emerging Southeast Asian community e-commerce retailer focusing on groceries and travel. E-commerce refers to the commercial transaction of selling and purchasing products or services over the Internet. It involves the entire range of online transactions from seller to buyer, including supply chain management, electronic fund transfer, Internet marketing, online transaction processing, electronic data exchange, inventory management system, automated data collection system, etc. It leverages personal interaction and word-of-mouth marketing to create personalized and targeted valuable insights to reach target audiences and potential customers. Such networks are generally formed based on the similarity of group members, including: (1) the proximity of social media users in the group; and (2) online shopping preferences and behaviors. In addition, a community leader is usually deployed in the community group to assume responsibilities such as group management, event management, and customer service.