AAPL 250.9362 1.1636% MSFT 439.85 0.5624% NVDA 132.26 2.5987% GOOGL 190.36 1.0403% GOOG 191.585 0.7547% AMZN 224.7026 1.8967% META 605.1 1.3245% AVGO 221.57 -0.9167% TSLA 434.8 -1.211% TSM 195.3 -0.133% LLY 758.87 -0.7637% V 315.9 1.9756% JPM 234.325 1.7168% UNH 493.79 -1.1867% NVO 103.7 -2.1329% WMT 93.89 0.3634% LVMUY 130.52 0.7721% XOM 105.67 -0.7048% LVMHF 649.5 0.6649% MA 526.755 1.3068%
Company Overview
WEBUY GLOBAL LIMITED (WBUY) is an emerging Southeast Asian e-commerce retailer with a focus on groceries and travel. They operate within the broader e-commerce industry, which involves online transactions, supply chain management, electronic fund transfers, marketing, and more. Additionally, WBUY specializes in community e-commerce, connecting like-minded social media users within platforms like Facebook, Instagram, and TikTok to create online community groups.
Initial Public Offering
The company had launched its IPO on October 19th, 2023, under the ticker WBUY and had sold approximately 3,800,000 shares at USD 4/share. We had covered this IPO in our ‘Kalkine IPO Report’ on September 25, 2023, and had concluded that this IPO was “Attractive” given its financial performance of the company, increased revenue and net income, industry analysis, use of proceeds, and associated risks.
Conclusion
Investors who have invested into this IPO can consider ‘Exiting’ from their position at the current price of USD 4.85 as on October 30th, 2023, given:
*The reference data in this report has been partly sourced from Refinitiv.
Kalkine Equities LLC provides general information about companies and their securities. The information contained in the reports, including any recommendations regarding the value of or transactions in any securities, does not take into account any of your investment objectives, financial situation or needs. Kalkine Equities LLC is not registered as an investment adviser in the U.S. with either the federal or state government. Before you make a decision about whether to invest in any securities, you should take into account your own objectives, financial situation and needs and seek independent financial advice. All information in our reports represents our views as at the date of publication and may change without notice.
Kalkine Media LLC, an affiliate of Kalkine Equities LLC, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.
US 
AU
UK
CA
NZ
Please wait processing your request...