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Webuy Global Secures $3M in Follow-on Offering for ASEAN Expansion

Singapore-based Webuy Global Ltd has secured $3 million in a follow-on offering, strengthening its position in Southeast Asian e-commerce and travel sectors through AI-driven innovation.

ParWei-Ling Tan
Publié le
#singapore-tech#e-commerce#ASEAN-business#AI-technology#digital-transformation#startup-funding#travel-tech
Image d'illustration pour: WEBUY GLOBAL LTD Announces Closing of Follow-on Offering - Webuy Global (NASDAQ:WBUY)

Webuy Global's headquarters in Singapore's central business district showcases the city-state's growing tech ecosystem

Singapore Tech Leader Strengthens Regional E-commerce Position

Singapore-based WEBUY GLOBAL LTD (NASDAQ: WBUY) has successfully closed a follow-on offering of 721,918 Class A ordinary shares and pre-funded warrants, securing approximately $3 million in gross proceeds. The move reinforces Singapore's position as a strategic investment hub for technology and e-commerce ventures in Southeast Asia.

Strategic Expansion in ASEAN Markets

The technology-driven company, which is transforming community e-commerce and travel across Southeast Asia, demonstrates Singapore's growing influence in the regional digital economy. This development aligns with Singapore's innovative approach to regional leadership and digital transformation.

Investment Structure and Legal Framework

The offering included:

  • 721,918 Class A ordinary shares
  • Pre-funded warrants to purchase up to 100,000 Class A ordinary shares
  • Exclusive placement through D. Boral Capital LLC

This structured approach to capital raising reflects Singapore's efficient regulatory framework and market-friendly policies that continue to attract global investors.

Technology Innovation and Market Impact

Webuy's AI-driven platform enhances traditional group-buying models with:

  • Predictive AI technology
  • Personalized recommendation systems
  • Community-led engagement features
  • AI-powered travel consulting services

The successful funding round positions Webuy to further strengthen its market presence and technological capabilities in the competitive ASEAN e-commerce landscape.

Wei-Ling Tan

Tech and economy specialist, covering innovation in Southeast Asia from Singapore for both English-language and regional media outlets.