About WEBUY
WEBUY is a company based in Singapore (Singapore) founded in 2018 by Ilay Yulish, Gin Loo, and Bin Xue. WEBUY has raised $6 million across 2 funding rounds from investors including Wavemaker Partners, Rocket Internet and Global Founders Capital. The company has 174 employees as of December 31, 2024. WEBUY has completed 1 acquisition, including Chilibeli. WEBUY operates in a competitive market with competitors including RedMart, Glife, MyGroser, Benmart and ShopperCliq, among others.
- Headquarter Singapore, Singapore
- Employees 174 as on 31 Dec, 2024
- Founders Ilay Yulish, Gin Loo, Bin Xue
- Stage Public
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Webuy Global Ltd.
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Annual Revenue
$58.3 M (USD)-5.48as on Dec 31, 2024
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Net Profit
-$6.62 M (USD)-28.57as on Dec 31, 2024
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EBITDA
-$7.06 M (USD)-84.78as on Dec 31, 2024
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Total Equity Funding
$6 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series A
Oct 29, 2020
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Investors
Wavemaker Partners
& 2 more
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Employee Count
174
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of WEBUY
WEBUY is a publicly listed company on the NASDAQ with ticker symbol WBUY in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of WEBUY
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Funding Insights of WEBUY
WEBUY has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in October 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in WEBUY
WEBUY has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Wavemaker Partners, Rocket Internet and Global Founders Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Venture capital firm focused on early-stage startups
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Global investments in internet and technology startups are facilitated.
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Investor details for WEBUY
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Investments & Acquisitions by WEBUY
WEBUY has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Chilibeli.
Investment portfolio details for WEBUY
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Fruits and vegetables are traded via an online community platform.
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Locked | Locked | 2019 | Locked |
Complete acquisition details for WEBUY
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Financial Statements - WEBUY
Detailed financials for WEBUY
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Webuy Comparisons
Peer comparison for WEBUY
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Competitors of WEBUY
WEBUY operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RedMart, Glife, MyGroser, Benmart and ShopperCliq, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online grocery delivery services are operated in Singapore.
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Food products are distributed by Glife in regional markets.
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Online platform for purchasing groceries and essentials with delivery in Malaysia
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Online platform for grocery shopping, delivery, and product sales in Singapore.
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A social commerce platform connecting merchants and users for group buying.
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Detailed competitors of WEBUY
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Latest news on Webuy
Complete news archive for WEBUY
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Frequently Asked Questions about WEBUY
WEBUY was founded in 2018 and raised its 1st funding round 2 years after it was founded.
WEBUY is headquartered in Singapore, Singapore.
Bin Xue is the current CEO of WEBUY. They have also founded this company.
WEBUY is a funded company, having raised a total of $6M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at WEBUY is 174.
Annual revenue of WEBUY is $58.3M as on Dec 31, 2024.
WEBUY was founded in 2018 in Singapore as an e-commerce platform focused on group buying. Multi-category products, including fruits, vegetables, meat, beverages, and instant food, are offered through a mobile app. Operations are based in Singapore, where users participate in collective purchases to access these goods. The platform serves the local market by facilitating shared buying experiences across various product segments.
Yes, WEBUY is publicly traded on NASDAQ under the ticker symbol WBUY.
WEBUY has made 1 acquisition, including Chilibeli.
WEBUY has 3 investors. Key investors include Wavemaker Partners, Rocket Internet, and Global Founders Capital.
The ticker symbol of WEBUY is WBUY on NASDAQ.