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Webuy Global Ltd. ( (WBUY) ) has issued an update.
On January 13, 2025, Webuy Global Ltd entered a debt settlement agreement with its subsidiary, New Retail International Pte. Ltd., and a shareholder to address outstanding interest from a convertible loan. The agreement led to the issuance of 932,849 Class A ordinary shares to the shareholder at a discounted rate, settling the interest and marking a strategic financial decision to strengthen the company’s financial standing.
More about Webuy Global Ltd.
Webuy Global Ltd is a company involved in the retail industry, focusing on innovative retail solutions through its wholly-owned subsidiary, New Retail International Pte. Ltd.
YTD Price Performance: -20.59%
Average Trading Volume: 45,263,365
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.52M
For a thorough assessment of WBUY stock, go to TipRanks’ Stock Analysis page.
