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WEBUY is a public company based in Singapore (Singapore), founded in 2018 by Bin Xue, Gin Loo and Ilay Yulish. It operates as an App-based platform offering group buying of multi-category products. WEBUY has raised $9M in funding from investors like Rocket Internet, Global Founders Capital and Wavemaker Partners.
Company Details
WeBuy is an app-based platform offering group buying of multi-category products. Their product catalog includes fruits, vegetables, meat, beverages, instant food, etc.
- Website
- webuysg.com
- Email ID
- *****@webuy.global
Key Metrics
Founded Year
2018
Location
Singapore, Singapore
Stage
Public
Total Funding
$9M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 2 active competitors
Annual Revenue
30M SGD as on Dec 31, 2021
Investment & Acquisitions
Exit Details
Public
Legal entities associated with WEBUY
WEBUY is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Dec 31, 2017 | - | - | - | |
- | - | - |
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WEBUY's funding and investors
WEBUY has raised a total funding of $9M over 2 rounds. Its first funding round was on Feb 05, 2020. Its latest funding round was a Series A round on Oct 29, 2020 for $6M. 3 investors participated in its latest round, lead by Wavemaker Partners.
WEBUY has 9 institutional investors including Rocket Internet, Global Founders Capital and Wavemaker Partners. Yi Ming Ng and 1 other are Angel Investors in WEBUY.
Here is the list of recent funding rounds of WEBUY:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Oct 29, 2020 | $6M | Series A | 3157713 | 1171412 | |
Feb 05, 2020 | Undisclosed | Seed | 4269696 | 9740711 |
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WEBUY's founders and board of directors
Founder? Claim ProfileHere are the details of WEBUY's key team members:
- Bin Xue: Co-Founder & CEO of WEBUY. They serve on the board of 1 company.
- Gin Loo: Co-Founder of WEBUY.
- Ilay Yulish: Co-Founder of WEBUY.
WEBUY's Board of Directors
WEBUY's board has 4 active members. Bin Xue is part of team and Gavin Lee, Lim Jing Xi and Chee Kheng Hock are independent board members.Here is the list of WEBUY's board of directors:
View details of WEBUY's Founder profiles and Board Members
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WEBUY's Investments and acquisitions
WEBUY has acquired Chilibeli. WEBUY has not made any investments as of now.
Reports related to WEBUY
Here is the latest report on WEBUY's sector:
News related to WEBUY
Filter this listMedia has covered WEBUY for a total of 10 events in the last 1 year, 4 of them have been about company updates.
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Webuy Global Ltd. Provides Update on Nasdaq Listing and Strategic Growth InitiativesGlobeNewswire•Feb 13, 2025•WEBUY
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Webuy Global Ltd. Receives Nasdaq Notification Regarding Non-Compliance with Minimum Bid Price RuleGlobeNewswire•Jan 29, 2025•WEBUY
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Webuy Global Ltd Achieves Milestone Disney Cruise Sales With Ai-powered Travel Assistant, Micky1.0GlobeNewswire•Dec 24, 2024•WEBUY
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Webuy Achieves Record $2.9 Million in Sales within Just Three Days at NATAS Fair 2024GlobeNewswire•Aug 20, 2024•WEBUY
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Webuy secures $2M debt financing convertible at premium to current market priceSeeking Alpha•Aug 09, 2024•WEBUY
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Webuy Receives Extension to Regain Compliance with Nasdaq’s Minimum Bid RequirementsGlobeNewswire•Jul 26, 2024•WEBUY, Nasdaq
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