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SINGAPORE - Webuy Global Ltd. (NASDAQ:WBUY), a $4.34 million market cap e-commerce company trading at $5.63, announced Monday it has integrated Coinbase Commerce into its platform, allowing customers to pay for travel packages and products using cryptocurrencies, including stablecoin USDC. According to InvestingPro analysis, the company maintains a healthy liquidity position with a current ratio of 1.32.
The Southeast Asian e-commerce and travel technology company said the integration enables travelers from the U.S., Europe and other markets to use digital assets when purchasing China-bound tour packages, Southeast Asia getaways and local experiences through its platform. While operating with a modest 7.32% gross profit margin, analysts tracked by InvestingPro project substantial revenue growth of 103% for fiscal year 2025.
"As we expand globally, offering stablecoin payments allows us to serve the evolving needs of international travelers with greater speed and convenience," said Bin Xue, CEO of Webuy Global Ltd., in a press release statement.
The company noted that the stablecoin feature is particularly beneficial for its travel brand WeTrip, which offers tour packages to China for customers across more than 180 countries. According to the company, the integration reduces foreign exchange risks, bypasses intermediary banking processes, and allows real-time confirmation of transactions.
Webuy Global described the move as part of its broader digital transformation strategy, which includes AI-driven itinerary planning and data-centric customer engagement.
The company positions itself as a technology-driven business transforming community e-commerce and travel across Southeast Asia, offering group-buying models enhanced with AI and personalized recommendations. Based on InvestingPro’s Fair Value analysis, the stock currently appears undervalued, suggesting potential upside for investors willing to navigate the company’s growth phase.
In other recent news, Webuy Global Ltd. has entered into a Memorandum of Understanding with CTG MICE Service Company Limited to enhance inbound tourism services to China. This collaboration is designed to attract at least 20,000 travelers annually by improving infrastructure, creating travel routes, and offering VIP services. Webuy’s travel division, WeTrip, will collaborate with CTG Travel to provide comprehensive travel experiences, including visa support and access to heritage sites. CTG Travel will act as WeTrip’s exclusive inbound travel service provider in China. The partnership will also offer VIP customs clearance and customized city itineraries. Joint campaigns such as "Cultural Tourism Going Global" and "International Cultural Exchange" are part of the initiative. This development comes as China reopens to international tourism after pandemic-related restrictions.
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