Webuy Global Ltd. and CTG MICE Service Company Limited., a Subsidiary of China Tourism Group, Sign Landmark Agreement to Boost Inbound Tourism to China
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2025
0mins
Should l Buy WBUY?
Source: Newsfilter
Strategic Partnership Announcement: Webuy Global Ltd. has formed a strategic MOU with CTG MICE Service Company to enhance inbound tourism services to China, aiming to attract at least 20,000 Chinese travelers annually through improved infrastructure and curated travel experiences.
Focus on Cultural Tourism: The collaboration will leverage AI for itinerary planning and provide exclusive services such as fast-track customs clearance and customized tours, promoting China's cultural tourism and enhancing its global destination branding.
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Analyst Views on WBUY
About WBUY
Webuy Global Ltd is a community-oriented electronic commerce retailer. The Company is focused on grocery and travel. The Company offers a wide range of products on its platform, including food and beverages, fresh produce, as well as lifestyle and other personal care items. It is also engaged in sales and purchases of products or services, supply chain management, electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange, inventory management systems, and automated data collection systems. Its geographic areas include Singapore, Indonesia, and Malaysia. The Company provides products and services to customers who are part of a group purchase or purchase them individually. The Company’s subsidiaries include New Retail International Pte. Ltd., The Shopaholic Bear Pte Ltd., Bear Bear Pte. Ltd., and PT Webuy Social Indonesia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Significant Sales Performance: The company's travel business in Indonesia recorded a remarkable year-on-year sales increase of approximately 200%, achieving its highest monthly sales in November 2025, reflecting strong consumer demand and the successful implementation of its retail-plus-digital operating model.
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- Market Expansion Potential: This collaboration not only facilitates cultural understanding between China and Malaysia but also provides additional educational exchange opportunities for participants, further solidifying WEBUY's position in the Southeast Asian market.
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- Revenue Growth: The quarterly revenue reached $822.47 million, surpassing the Street estimate of $758.08 million, demonstrating enhanced competitiveness in the market that may attract more investor interest.
- Optimistic Outlook: The company provided second-quarter sales guidance above estimates and raised its FY26 guidance, reflecting management's confidence in future growth, which could further drive stock price increases.
- Positive Stock Reaction: F5 shares jumped 10.9% to $299.99 in pre-market trading, indicating strong market response to its earnings report, which may draw in more investors and bolster market confidence.
See More
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- Equity Shortfall: WEBUY Global reported stockholders' equity of only $364,584 as of June 30, 2025, significantly below Nasdaq's minimum requirement of $2.5 million, indicating serious financial health concerns for the company.
- Compliance Plan Submission: The company must submit a compliance plan by February 19, 2026, to regain listing eligibility, and if accepted, Nasdaq may grant an extension of up to 180 days, which is crucial for the company's future financing and operational stability.
- Business Operations Unaffected: Despite receiving the notification letter, WEBUY Global's business operations remain unaffected, with shares continuing to trade on Nasdaq, providing the company with time to strategize for compliance restoration.
- Market Confidence Challenge: The compliance challenges faced by the company may impact investor confidence, and failure to successfully regain compliance could lead to further risks regarding its trading status, potentially affecting future capital raising efforts.
See More
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- Market Expansion: WEBUY Global opened a new travel retail outlet in Surabaya, Indonesia on November 28, 2026, marking a significant expansion in the Indonesian market aimed at enhancing local customer engagement and supporting offline consultations.
- Sales Growth: The company's travel business in Indonesia has seen a remarkable year-on-year sales increase of approximately 200%, achieving its highest monthly sales ever in November 2025, reflecting a significant rise in consumer demand and the successful implementation of its retail-plus-digital operating model.
- Brand Building: The appointment of Indonesian public figure Paramitha Russady as a brand ambassador aims to boost local market awareness and outreach initiatives, further strengthening the brand's influence in the region.
- Future Plans: WEBUY Global intends to evaluate expansion opportunities in other major Indonesian cities such as Medan and Bandung, utilizing a repeatable operating framework that integrates digital customer acquisition and technology-enabled operational tools to achieve sustainable growth over time.
See More
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- New Retail Outlet Opening: WEBUY Global launched a new travel retail outlet in Surabaya, Indonesia, on November 28, 2026, marking a significant expansion in the Indonesian market aimed at enhancing local customer engagement and offline consultation capabilities.
- Significant Sales Performance: The company's travel business in Indonesia recorded a remarkable year-on-year sales increase of approximately 200%, achieving its highest monthly sales in November 2025, reflecting strong consumer demand and the successful implementation of its retail-plus-digital operating model.
- Brand Ambassador Appointment: The company appointed Indonesian public figure Paramitha Russady as a brand ambassador to enhance local market awareness and outreach initiatives, further strengthening its brand presence in the region.
- Future Expansion Plans: WEBUY Global intends to evaluate expansion opportunities in other major Indonesian cities such as Medan and Bandung, utilizing a repeatable operating framework that integrates digital customer acquisition and technology-enabled operational tools to achieve sustainable growth over time.
See More
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- Strategic Collaboration Agreement: WEBUY's subsidiary Webuy Advisory has signed a partnership with WITSTAR Group to jointly design and promote cross-border educational and cultural exchange programs between China and Malaysia, indicating WEBUY's potential expansion beyond its core e-commerce business.
- Resource Sharing: The agreement outlines that both parties will contribute resources according to their respective roles, with WITSTAR providing educational content and program development while WEBUY supports through its platform capabilities and community network, aiming to enhance the quality and impact of educational exchanges.
- Market Expansion Potential: This collaboration not only facilitates cultural understanding between China and Malaysia but also provides additional educational exchange opportunities for participants, further solidifying WEBUY's market position in Southeast Asia's high-value lifestyle sectors.
- Sustainable Growth Strategy: The CEO of WEBUY stated that this partnership aligns with the company's ongoing efforts to broaden the types of services offered, aiming to create an innovative cross-border ecosystem that integrates education, travel, and culture.
See More
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- Resource Integration: Under the agreement, WITSTAR will provide education-related content and program development, while WEBUY will leverage its platform capabilities and community network to support effective resource utilization between the parties.
- Market Expansion Potential: This collaboration not only facilitates cultural understanding between China and Malaysia but also provides additional educational exchange opportunities for participants, further solidifying WEBUY's position in the Southeast Asian market.
- Sustainable Growth Strategy: WEBUY's CEO stated that this partnership aligns with the company's commitment to diversifying its revenue base, aiming for sustainable growth by integrating education, travel, and cultural services into one ecosystem.
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