WEBUY - About the company
WEBUY is a public company based in Singapore (Singapore), founded in 2018 by Bin Xue, Ilay Yulish and Gin Loo. 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. The company has 4 active competitors, including 2 that have exited. Its top competitors include companies like Qoo10, Triber and Haystakt.
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
- Registered Address
- TAMPINES STREET 92, Singapore, 528880
Key Metrics
Founded Year
2018
Location
Singapore, Singapore
Stage
Public
Total Funding
$9M in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among 4 active competitors
Employee Count
154 as on May 31, 2026
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 |
|---|---|---|---|---|
BLUE MARX (S) PTE LTD UEN: 199508742G , Singapore, Deadpooled | Dec 09, 1995 | - | - | |
NEW RETAIL INTERNATIONAL PTE. LTD. UEN: 201839754D , Singapore, Active | Nov 23, 2018 | - | - |
WEBUY's IPO details
WEBUY got listed on Oct 19, 2023.
Click here to take a look at WEBUY's IPO in detail
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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 $*****. 3 investors participated in its latest round. WEBUY has 9 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of WEBUY:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 29, 2020 | 9729825 | Series A | 8678057 | 4608570 | 7384467 | 2358647 |
Feb 05, 2020 | 6979332 | Seed | 7695799 | 5521084 | 7234902 |
View details of WEBUY's funding rounds and investors
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.
- Ilay Yulish: Co-Founder of WEBUY.
- Gin Loo: 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
WEBUY's employee count trend
WEBUY has 154 employees as of May 26. Here is WEBUY's employee count trend over the years:
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WEBUY's Competitors and alternates
Top competitors of WEBUY include Qoo10, Triber and Haystakt. Here is the list of Top 10 competitors of WEBUY, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online marketplace offering multi-category consumer products | $102M | 64/100 | ||
2nd | App-based platform offering group buying of multi-category products | $9M | 57/100 | ||
3rd | Online group-buying platform offering multi-category products | - | 31/100 | ||
4th | Crowdpricing based online marketplace | $100K | 19/100 | ||
5th | ShopperCliq 2020, Singapore (Singapore), Unfunded | Social commerce platform that connects merchants and group buy | - | - | 16/100 |
6th | Group buying e-commerce platform | - | - | 15/100 |
Looking for more details on WEBUY's competitors? Click here to see the top ones
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
Media has covered WEBUY for a total of 2 events in the last 1 year, 2 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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