Accelerating “Global Mobility × Crypto” Settlement HANGZHOU, China, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (“Webus” or the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced that its Wetour mobile web platform has launched XRP token and Ripple USD (RLUSD) stablecoin payment support. Travelers can now use XRP token and RLUSD to obtain product vouchers and promotional coupons, ...

Core Insights - Webus International Limited has signed a conditional Securities Purchase Agreement with Ripple Strategy Holdings for a senior equity line of credit of up to US$100 million [2][3] - The funding is intended to support the growth of Webus's XRP treasury strategy, which includes crypto-enabled payments and blockchain-based loyalty programs [4][5] - The facility is designed to be shareholder-friendly, allowing for drawdowns between $250,000 and $3 million over a 24-month period, depending on market conditions [3][5] Company Overview - Webus International Limited specializes in AI-driven mobility solutions, focusing on premium, customizable chauffeur services globally [2][6] - The company operates under the flagship brand "Wetour," offering high-end travel services such as airport transfers and luxury-chartered services [7] - Webus is exploring innovative treasury strategies through a digital asset management framework, with a potential cap of up to US$300 million for future XRP treasury operations [8] Strategic Goals - The funding will enhance Webus's ability to raise capital strategically while minimizing shareholder dilution, thereby accelerating growth in North America and Asia-Pacific [5] - The company aims to integrate blockchain technology for cross-border payment solutions and global expansion initiatives [8] - Webus leverages proprietary technology to provide real-time AI support and multilingual itinerary management for seamless mobility solutions [9]

Core Insights - Webus International Limited has signed a Delegated Digital-Asset Management Agreement with Samara Alpha Management LLC to establish a strategic framework for future digital asset treasury operations [1][2] - The agreement designates Samara Alpha as the exclusive delegated manager for Webus's digital assets, with a management cap of up to US$300 million [2] - The implementation of the agreement will occur in phases, with the management mandate becoming effective only upon the actual transfer of digital assets to designated custody wallets [3] Company Overview - Webus International Limited specializes in AI-driven mobility solutions, focusing on premium, customizable chauffeur services globally [5] - The company operates under the "Mobility-as-a-Service" (MaaS) model, providing personalized transportation experiences with a fleet of luxury vehicles and professional chauffeurs [5] - The flagship brand "Wetour" offers high-end customized travel services, including airport transfers and luxury-chartered services for both leisure and business travelers [6] Management Commentary - The CEO of Webus emphasized that the agreement provides a clear structure for trusted digital asset management and strategic optionality while maintaining prudent controls [4] - The Chief Investment Officer of Samara Alpha highlighted their institutional approach to digital asset management, focusing on rigorous risk management and specialized expertise [4]

Core Insights - Webus International Limited is advancing its vision of a seamless travel ecosystem through strategic developments, including a financing strategy and a renewed partnership with Tongcheng Travel Holdings [1][2][3] Financing Strategy - The company is exploring a financing strategy of up to US$300 million through non-equity funding vehicles to establish an XRP reserve for global payment solutions [2] - This financing approach includes cash reserves, bank lending, shareholder guarantees, and institutional-backed credit facilities, aiming to maintain capital flexibility and support long-term growth [2][4] Partnership with Tongcheng Travel - Webus has renewed its multi-year strategic partnership with Tongcheng Travel, enhancing its domestic network infrastructure and leveraging Tongcheng's mobility data and user base [3][4] - The partnership aims to deliver seamless first- and last-mile services across China, utilizing Webus's premium vehicle network [3] Technology and Innovation - The company is focused on end-to-end innovation, with the potential XRP blockchain integration aimed at eliminating payment friction and enabling instant settlements for international services [4][8] - The strategic initiatives include the establishment of a comprehensive blockchain infrastructure, which will support wallets, Web3 loyalty tokens, and on-chain booking records [8] Market Position - Webus specializes in AI-driven mobility solutions, offering customizable chauffeur services globally, and operates under the "Mobility-as-a-Service" (MaaS) model [5][6] - The flagship brand "Wetour" provides high-end travel services, including airport transfers and luxury chartered services, supported by real-time AI technology [6]

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]