Webuy Global Announces New Independent Director Appointment

Webuy Global ( (WBUY) ) has provided an update.

Webuy Global Ltd, a company involved in strategic consulting and mergers and acquisitions, recently experienced changes in its board of directors. On June 1, 2025, Ms. Fangqin Lin resigned as an independent director. Subsequently, on June 12, 2025, Mr. Heng Wee Koon was appointed as an independent director and chair of the compensation committee. Mr. Heng brings over two decades of experience in mergers and acquisitions advisory and strategic consulting, having held significant roles at KPMG and various advisory firms. His appointment is expected to strengthen the company’s strategic direction and governance.

Spark’s Take on WBUY Stock

According to Spark, TipRanks’ AI Analyst, WBUY is a Neutral.

Webuy Global’s overall score is primarily impacted by significant financial challenges, including weak revenue growth, high leverage, and negative cash flow, posing substantial risks. While technical analysis shows some positive momentum, the fundamental valuation remains concerning due to the negative P/E ratio.

To see Spark’s full report on WBUY stock, click here.

More about Webuy Global

Average Trading Volume: 1,116,723

Technical Sentiment Signal: Strong Buy

Current Market Cap: $7.34M

See more insights into WBUY stock on TipRanks’ Stock Analysis page.