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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.
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
Ranked
Employee Count
154 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

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
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WEBUY's founders and board of directors

Founder? Claim Profile
The founders of WEBUY are Bin Xue, Ilay Yulish and Gin Loo. Bin Xue is the CEO of WEBUY.
Here are the details of WEBUY's key team members:

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:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 10m
Independent board member
-
Current
6y 0m
xt{uena
Independent board member
-
Current
4y 4m
myxfwyw
Independent board member
-
Current
2y 5m
yvnnduk
Independent board member
-
Past
5y 9m
fxbby{n
Independent board member
-
Past
7y 8m

WEBUY's employee count trend

WEBUY has 154 employees as of May 26. Here is WEBUY's employee count trend over the years:
Employee count trend for WEBUY
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Qoo10
Qoo10
2010, Singapore (Singapore), Acquired
Online marketplace offering multi-category consumer products
$102M
64/100
2nd
Logo for WEBUY
WEBUY
2018, Singapore (Singapore), Public
App-based platform offering group buying of multi-category products
$9M
57/100
3rd
Logo for Triber
Triber
2020, Singapore (Singapore), Funding Raised
Online group-buying platform offering multi-category products
-
31/100
4th
Logo for Haystakt
Haystakt
2012, Singapore (Singapore), Deadpooled
Crowdpricing based online marketplace
$100K
19/100
5th
Logo for ShopperCliq
ShopperCliq
2020, Singapore (Singapore), Unfunded
Social commerce platform that connects merchants and group buy
-
-
16/100
6th
Logo for GroupHunt
GroupHunt
2015, Singapore (Singapore), Deadpooled
Group buying e-commerce platform
-
-
15/100
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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

lockFilter this list
Media has covered WEBUY for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
Webuy Global files for secondary common stock offeringSeeking Alpha•Aug 16, 2024•WEBUY
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