$WEBUY GLOBAL LTD.(WBUY)$ Dear Webuy Family,
Today, I write to you not just as your CEO, but as your teammate — someone who has stood shoulder-to-shoulder with you through one of the most difficult and emotional chapters in our company’s journey.These past few months have tested us in every possible way — mentally, emotionally, and professionally. In January, we received the devastating notice that Webuy Global would be delisted from Nasdaq for not meeting the $1.00 minimum bid price. Under new regulations introduced in January 2025, our shares were suspended from trading on Nasdaq on January 31 and immediately moved to the OTC market. We were the first company impacted by this rule. For me, it was painful — I felt sadness, guilt, and a deep sense of responsibility. As CEO, I want to say this clearly: I take full ownership of what happened.
Yet, even in that moment of setback, the market showed us something powerful. Despite the delisting, our stock was still trading between $0.13 and $0.20 — which, after adjusting for the reverse splits, equates to a value of $15 to $20 per share. That wasn’t just price action. That was belief. That was the market saying: We still see your value.
And we held on to that belief.
From February to April, I poured everything I had into leading our comeback. We appealed to Nasdaq. We secured shareholder approval for the reverse split. We executed our plan. And today, I am proud to share the news you’ve all been waiting for:
Webuy Global has been officially relisted on Nasdaq. As of May 8, 2025, “WBUY” is trading once again on the Nasdaq Capital Market.
This isn’t just about relisting a ticker symbol. This is about resilience. About rising as a team and saying with conviction: We are not done yet.
What We’ve Achieved — And Why It Matters
While we fought to regain our listing, we never lost sight of what matters most: building a strong business. In the fourth quarter of 2024, we achieved a historic milestone — our first-ever group-level profit.
That didn’t happen by chance. It was the outcome of difficult decisions and smart execution:
We pivoted toward higher-margin verticals like travel, where demand is strong and returns are better.
We reduced overhead by 30%, becoming leaner and more focused.
We deployed AI tools across teams, transforming how we operate, serve, and scale.
This profitability milestone belongs to all of you. Your effort made it possible.
In the first quarter of 2025, that momentum has only accelerated:
At the March 2025 NATAS Fair in Singapore — one of the region’s largest consumer travel expos — we recorded over US$2.6 million in bookings, a 45% increase compared to the same period last year.
In Indonesia, our travel revenue surged more than 2,160% year-over-year, reaching US$1.25 million in just one quarter.
We didn’t just recover — we came back stronger.
What’s Next: A Bold, Shared Vision
I believe Webuy is only getting started. The future of travel is what Warren Buffett would call a “long-slope, thick-snow” opportunity — and we’re perfectly positioned to lead.
Scale Across Southeast Asia
With Nasdaq status restored, we can now pursue strategic alliances, acquisitions, and regional integration. A unified supply chain and tech platform will power our ecosystem.
Full-Stack AI Integration
We’re not just enhancing sales — we’re reimagining the entire customer experience, from inquiry to post-travel support. AI and smart hardware will set a new standard in travel services.
Global Reach, Asian Focus
The surge in international travel to Asia — especially China — is real. With our deep regional expertise and global marketing capabilities, Webuy is uniquely placed to lead the next wave.
My Final Words to You
We started Webuy in 2019 — young, ambitious, and full of heart. Today, we are battle-tested. And most importantly, we have something many companies never find: a team that believes.
Thank you — for holding the line, for believing in this mission, and for giving your all, even when things felt uncertain.
As your CEO, I will continue fighting — for every employee, every customer, and every goal we’ve set out to achieve. I truly believe that if we stay the course, support one another, and keep building, we won’t just survive — we’ll soar.
Let’s show the world what Webuy is made of.
With deep appreciation and unwavering belief,
Bin Xue
Chief Executive Officer
Webuy Global Ltd.
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