Webuy Launches Travel Business in Indonesia
WEBUY GLOBAL LTD. (WBUY)
Company Research
Source: GlobeNewswire
Singapore, May 15, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd (NASDAQ: WBUY) ("Webuy" or the "Company"), a Southeast Asian community e-commerce retailer, today announced the launch of its travel business in Indonesia, as it expands its presence in the growing Southeast Asian tourism market. Indonesia’s burgeoning middle class, which, according to data from the World Bank, is projected to make up 80% of the population by 2045, represents a significant and underserved market with considerable potential for new business ventures. This demographic shift is creating a new cohort of consumers seeking high-quality services and experiences, with travel being a prominent example. Webuy's unique approach, which aims to seamlessly integrate online and offline elements, is ideally suited to cater to this emerging demand. For example, the Company's recently launched Mitra Referral Program ("Mitra") makes the referral process to connect to Mitra agents, who are similar to the Company’s grou
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News
- Webuy Announces Strategic Expansion into Insurance Referral Program [Yahoo! Finance]Yahoo! Finance
- Webuy Announces Strategic Expansion into Insurance Referral ProgramGlobeNewswire
- Webuy Launches Travel Business in Indonesia [Yahoo! Finance Canada]Yahoo! Finance Canada
- Webuy Launches Travel Business in Indonesia [Yahoo! Finance]Yahoo! Finance
- Presenting on the Emerging Growth Conference 70 Day 2 on May 9 Register NowGlobeNewswire
WBUY
Sec Filings
- 5/22/24 - Form 6-K
- 5/17/24 - Form 144
- 5/7/24 - Form 6-K
- WBUY's page on the SEC website