Webuy Global revenue nearly doubles in first half of 2026

Webuy Global Ltd. (Nasdaq: WBUY) reported unaudited revenue from continuing operations of $14.31 million for the six months ended June 30, 2026, a 94.4% increase compared to $7.36 million in the same period a year earlier, according to a company statement.

Gross profit rose 131.7% to $1.83 million from $0.79 million, while gross margin expanded to 12.77% from 10.71%. The company's total net loss narrowed 56.8% to $3.32 million, compared to $7.69 million in the first half of 2025.

Following the company's exit from grocery operations, packaged tours accounted for all revenue from continuing operations in the period. Packaged-tour revenue grew 106.8% in Singapore and 106.9% in Indonesia. Singapore growth included contributions from Altitude and the company's MICE division, while Indonesia growth was attributed to market penetration and outbound travel demand.

Chief Executive Officer Vincent Xue Bin said the results reflect the company's shift away from grocery e-commerce toward travel services. He noted plans to develop China inbound tourism offerings, private and customized travel journeys, and AI-enabled operations through its WeTrip platform.

Following the reporting period, the company recorded approximately $4.76 million in preliminary unaudited travel bookings at the August 2026 NATAS Travel Fair in Singapore, about 42% higher than at the March 2026 event. The company noted that travel bookings represent the gross value of products reserved and do not constitute recognized revenue, and may be subject to cancellation or modification.

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