Group 1 - Webuy Global Ltd. achieved record sales of $2.9 million over three days at the NATAS Fair 2024, primarily driven by its "Travel with Webuy" tour packages [1][3] - The NATAS Fair is one of the largest travel and consumer fairs in Southeast Asia, attracting around 100,000 visitors per event [2] - The company is expanding its high-margin travel offerings within the $30 billion Southeast Asia travel and tourism market, leveraging its unique social e-commerce platform and group leader sales model [3][4] Group 2 - Webuy Global Ltd. aims to build a trusted retail brand and advanced e-commerce platform in Southeast Asia, focusing on a community-driven experience [4] - The company's 'group buy' business model is designed to offer substantial cost savings and streamline the supply chain by minimizing intermediaries [4] - The vision of the company is to enable ten million families in Southeast Asia to achieve a healthier, higher-quality lifestyle [4]

Singapore, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, today announced it has entered into a definitive agreement for senior convertible debt ("Convertible Security") with an initial principal amount of $2 million, and up to an additional $4 million with an accredited institutional investor (the "Investor") upon mutual agreement. The initial conversion price of the Convertible Security is $0.213 per share, or ...

b. provide, manage, and/or operate financial transaction services; d. provide, manage, and/or operate communication services in the form of short text messages, voice call, video call, electronic mail, and digital chat room, networking services and social media; f. process personal data for electronic transactions. PTWB conduct its business activities through an electronic system (application) owned by New Retail as the shareholder of PTWB, where New Retail has obtained the required Registration Certificate ...