Osaka is poised for additional growth. In 2023, Osaka welcomed 15.6 million international tourists, surpassing its 2019 peak, with spending of $22.67 billion. Nationally, Japan hosted 36.9 million visitors in 2024, spending JPY 8 trillion ($51.2 billion), contributing 7.5% to GDP, with 2025 projections targeting 40 million visitors and JPY 9–10 trillion, and a 2030 goal of 60 million and JPY 15 trillion (JNTO, Statista). About Webus International Limited Webus International Limited is a leading provider of ...

Core Viewpoint - Webus International Limited successfully completed its IPO on the Nasdaq Capital Market in the third fiscal quarter of 2025, outlining its strategic vision and future growth plans [1] Company Overview - Webus International Limited is a leading provider of AI-driven mobility solutions, specializing in premium, customizable chauffeur services worldwide [12] - The company operates under the "Mobility-as-a-Service" model, integrating real-time AI support with 24/7 itinerary management through its Wetour brand [2][12] Service Offerings - The company provides a range of premium chauffeur services globally, including airport transfers, intercity transportation, guided tours, and chartered services for both business and leisure travelers [3][12] - Services cater to various needs, from economical options to premium offerings, targeting both individual and corporate clients [3] Strategic Initiatives - The company is focusing on several key strategic initiatives to drive growth and enhance shareholder value: - Integration of its platform into a comprehensive ecosystem, fostering both vertical and horizontal integration [4] - Investment in Big Data and AI innovation, utilizing capital from the IPO to enhance technological capabilities [5] - Expansion into strategic markets such as Japan, Europe, and the Middle East, building on the success of the Wetour brand launched in North America [6] - Engagement with a younger audience through content innovation and new media advertising [7] - Pursuit of strategic alliances and acquisitions to complement existing operations [8] Competitive Advantages - The company boasts a high degree of digitalization, enabling seamless coordination across departments and better understanding of user preferences [9] - It has established strategic relationships with key suppliers and has access to over 11,000 dispatchable vehicles in mainland China and approximately 10,000 drivers outside China [15] Future Outlook - The capital raised from the IPO will accelerate expansion plans and enhance technological capabilities, positioning the company as a leading provider of AI-driven mobility solutions globally [10][11]

Core Viewpoint - Webus International Limited has successfully closed its initial public offering, raising $8 million by offering 2 million ordinary shares at a price of $4.00 per share, with potential additional proceeds from an over-allotment option [1][2][3]. Group 1: Offering Details - The initial public offering consisted of 2,000,000 ordinary shares priced at $4.00 each, resulting in gross proceeds of $8,000,000 before expenses [1][2]. - The company has granted underwriters a 45-day option to purchase an additional 300,000 shares, which could increase total gross proceeds to approximately $9.2 million if exercised [2][3]. - The shares began trading on the Nasdaq Capital Market under the ticker symbol "WETO" on February 27, 2025 [2]. Group 2: Company Overview - Webus International Limited specializes in AI-driven mobility solutions, focusing on premium, customizable chauffeur services globally [7]. - The company's flagship brand, "Wetour," offers high-end travel services, including airport transfers and luxury chartered services, utilizing proprietary technology for real-time AI support and multilingual itinerary management [8].

Core Viewpoint - Microbus (WETO.US) went public on February 27, 2023, with its stock closing at $3.60, reflecting a 10.00% decline from its IPO price of $4.00 [1] Company Overview - Microbus operates under a "Mobility as a Service" (MaaS) business model, utilizing a comprehensive digital platform to identify and address inefficiencies related to inflexible or low-quality mobility solutions for clients worldwide [1] - The company offers customized commuting services, including shuttle services, charter bus services, and group travel services for both business and leisure travel [1]

Core Viewpoint - Webus International Limited has announced the pricing of its initial public offering (IPO) of 2,000,000 ordinary shares at $4.00 per share, aiming for total gross proceeds of $8 million before expenses [1][2]. Offering Details - The company has granted underwriters a 45-day option to purchase an additional 300,000 ordinary shares, which could increase gross proceeds to approximately $9.2 million if exercised [2]. - The ordinary shares are expected to begin trading on the Nasdaq Capital Market under the ticker symbol "WETO" on February 27, 2025, with the offering closing on February 28, 2025, subject to customary conditions [3]. Underwriting and Legal Counsel - The offering is being conducted on a firm commitment basis, with Alexander Capital, L.P. as the sole bookrunner and co-lead underwriter, alongside Network 1 Financial Securities, Inc. and R.F. Lafferty & Co., Inc. as co-lead and co-managing underwriters respectively [4]. Company Overview - Webus International Limited specializes in AI-driven mobility solutions, focusing on premium, customizable chauffeur services globally [7]. - The flagship brand "Wetour" offers high-end customized travel services, including airport transfers and luxury chartered services, utilizing proprietary technology for real-time AI support and multilingual itinerary management [8].