WeBuy Global is an e-commerce platform that connects Southeast Asian social media users with similar interests in food (groceries) and travel. The company, based in Singapore, caters to customers in Singapore and Indonesia. (Incorporated in the Cayman Islands) 

WeBuy Global provides its members with substantial savings on groceries and travel through its community buying or “buying club” business model – facilitated by group hosts, who place bulk orders on behalf of the group’s members, according to the prospectus.

*Note: Net loss and revenue figures are in U.S. dollars for the year that ended Dec. 31, 2022.

(Note: WeBuy Global Ltd. upsized its IPO at pricing to 3.8 million shares – up from 3.5 million shares in the prospectus – and priced the IPO at $4.00 – the low end of its $4.00-to-$4.50 range – to raise $15.2 million on Oct. 18, 2023. Background: WeBuy Global Ltd. cut the size of its IPO to 3.5 million shares – down from 4.0 million shares – and kept the price range at $4.00 to $4.50 – to raise $14.88 million, according to an F-1/A filing dated Aug. 3, 2023. In that same F-1/A filing, WeBuy Global Ltd. changed its sole book-runner to EF Hutton, replacing Univest.)

(Background: WeBuy Global Ltd. revised its IPO terms in an F-1/A filing dated June 16, 2023, as follows: The price range is $4.00 to $4.50 – replacing the previous assumed IPO price of $4.00 – and the number of shares was kept at 4.0 million shares – to raise $17.0 million. Previously: WeBuy Global revised the terms of its IPO in an F-1/A filing dated June 2, 2023: The IPO will consist of 4.0 million shares – with WeBuy Global offering 3.175 million shares and the selling stockholder selling 825,000 shares – at $4.00 (same as before) to raise $16.0 million. Previously the secondary portion of the IPO had amounted to 34 percent of the stock offered in the deal. Background:  WeBuy Global filed its F-1 on May 3, 2023; it submitted confidential IPO documents to the SEC on Sept. 21, 2022.)